📢 Powell Remarks Recap – What It Means for Markets 🔍

🗣️ Fed Chair Powell signaled no rush to cut rates. Inflation’s cooling, but not enough for the Fed to pivot.

📉 Rate cuts? Not yet. Powell says they need “more confidence” inflation is on track to hit 2%.

📊 U.S. economy is still strong—giving the Fed room to stay restrictive longer.

💬 “We do not expect it will be appropriate to reduce the target range until we have greater confidence...”

👀 Why it matters:

Slower rate cuts = stronger dollar 💵

Risk assets like crypto may face pressure 📉

Next CPI & jobs reports = key catalysts 📅

📌 Bottom line: Powell is playing it safe. Don’t expect a rate cut party just yet 🎉❌

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