FHFA Director Pulte posts a statement on reports that Fed Chair Powell is considering resigning; says "I'm encouraged by reports that Jerome Powell is considering resigning. I think this will be the right decision for America, and the economy will boom."
Reaction details (20:13)
- US Equity Futures sold off on this; ES (U5) futures fell from 6,308 to 6,295 before paring to 6,303.
Analysis details (20:11)
- Note, it is not clear which reports he is referring to. As nothing in recent, validated news has suggested Powell is looking to resign.
11 Jul 2025 - 20:03- Fixed IncomeEconomic Commentary- Source: X
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