📢 Powell warns: Inflation is not over... and interest rates will not be lowered now! 📉💥
In his speech yesterday at the central banks conference in Portugal, Jerome Powell, the head of the U.S. Federal Reserve, stated that the central bank is still in a "wait-and-see" mode before making any decisions to lower interest rates.
🔸 The reason? The new tariffs imposed by the Trump administration, which have led to an increase in inflation expectations.
🔸 Powell stated clearly: "We were close to lowering interest rates... but high inflation stopped us!"
🔸 He did not rule out a rate cut at the July meeting, but emphasized that the decision will be based on upcoming data.
✋ Powell added: "We operate independently... and focus only on price stability and the labor market, away from any political pressures."
🧠 My personal opinion:
Powell's statements show clear hesitation and fear of falling into a new inflation trap. It is evident that they are waiting for July data before taking a step... but the market is now on edge!
The question for you:
Do you think the Fed will cut interest rates in July?
📈 Yes, the upcoming data will support it
❤️ Maybe later in September
📉 No, inflation will prevent any cuts at the moment
#JeromePowell #TRUMP #BTC #TrumpVsPow #TrumpVsMusk