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Jerome Powell may be considering resignation, according to reports from Fannie Mae and Freddie Mac leadership. Markets are pricing a 93% chance the Fed won't cut rates in July, which could affect stocks, crypto, and real estate.

Jerome Powell may be considering resignation, according to reports from Fannie Mae and Freddie Mac leadership. Markets are pricing a 93% chance the Fed won't cut rates in July, which could affect stocks, crypto, and real estate.
So will Jerome Powell resign? Just a few moments ago, the chairman of the board of Fannie Mae and Freddie Mac said this: I'm encouraged by reports that Jerome Powell is considering resigning. I think this will be the right direction for America and the economy will boom. It's been a controversial topic. Jerome Powell, should he cut rates? Should he not? Right now, the market is pricing in derivative markets no cut, 93% chance of no cut in July. You can see the percentage of chance, at least of cut going right now. The stock market, crypto is hitting all-time highs with no rate cuts. Imagine if they cut rates. I mean, we could see some crazy action in real estate market, private sector, a lot of— I mean, who knows? Comment down below what you think is going to happen.

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Different view on housing affordability and the fed raising rates not lowering rates