On December 1st, a bombshell rumor exploded - is Powell going to resign?

The version circulating in the community is as follows: At 7 PM Eastern Time on Monday, during an emergency meeting, the Federal Reserve Chairman will announce his resignation decision. It sounds explosive, but don't rush to take sides.

Let’s calmly take a look at these details: Chairman Powell's term was supposed to last until May 2026, and his position as a board member could last until January 2028. The Federal Reserve's official website clearly states that he is scheduled to give a speech at the Hoover Institution at 8 PM that evening, so where does this emergency meeting come from? More importantly, this guy has repeatedly emphasized before — he won’t leave early, he will fulfill his term, and there are legal protections in place to prevent arbitrary dismissal.

However, that being said, this isn't the first time such rumors have surfaced. Trump has previously pressured him, even using the issue of the Federal Reserve's headquarters renovations exceeding budget as a talking point. White House economic advisor Hassett has already stated that he would be willing to take on the position if nominated, and he is currently seen as a leading candidate by the public.

The capital inflow after Thanksgiving and the uncertain policy direction are being widely circulated on various social media platforms, leading to an increasingly strong wait-and-see sentiment in the market.

Looking at historical data, a pattern can be observed: after a drop in November, December often opens lower. Additionally, with institutions rushing to meet year-end performance targets and capital needing to be recaptured, the volatility will likely not be small. Now, on one hand, there are rumors of resignations flying around, and on the other, the direction of policies is uncertain. How will the global market perform in the first week of December? What answers will #数字货币市场回升 and $BTC provide? Let’s wait and see.