Speculations about Powell's future shake up the market before an important speech

Rumors are circulating in the financial market corridors pointing to possible leadership changes at the Federal Reserve. According to information from BlockBeats, there are speculations that Jerome Powell, the institution’s chairman, could step down during an extraordinary session scheduled for Monday. However, these claims remain unconfirmed officially and have not been validated by mainstream media or a formal Fed statement.

The scenario becomes more complex with the announcement that Powell will give an important presentation at 9 a.m. on Tuesday at a commemorative event, although the details and topics to be addressed have not yet been publicly disclosed.

Meanwhile, former President Donald Trump has intensified his suggestions about possible changes in monetary policy leadership. Trump recently suggested the possibility of appointing a new Federal Reserve chairman soon, and has pointed to Kevin Hassett, director of the National Economic Council, as one of the leading candidates for the position. During an interview on CBS’s “Face the Nation” last Sunday, Hassett chose not to comment on the circulating speculation.

The current context keeps investors attentive to upcoming moves, with Powell’s statements being especially awaited to clarify the current institutional situation.