First, let me say the conclusion: this news is basically false.

Why do I say that? Here are three hard-core reasons:

First, let's look at the term - Powell's position as the Chairman of the Federal Reserve is not set to expire until May 2026. Are we really asking him to step down early? The timeline doesn't match.

Looking again at the so-called "resignation letter," it did indeed go viral online some time ago, but after verification by major media and professional institutions, it has been stamped as: a pure forgery, with rather clumsy photo editing skills.

The most critical thing is—officials from the Federal Reserve have not made a peep from beginning to end. Resigning on December 1? Not even a shadow has been seen. It's important to know that personnel changes of this level cannot happen quietly.

Such fake news spreads quickly in the market, but don't get caught up in the hype. When encountering explosive news, wait for official confirmation before commenting, especially when it involves the actions of policymakers; the impact is not to be taken lightly.