What did Jerome Powell say today about interest rates?
The chairman of the Federal Reserve, Jerome Powell, reaffirmed today that there is no rush to cut interest rates. Despite mixed economic data, the Fed maintains its cautious stance, waiting for clearer signs that inflation is steadily heading towards the 2% target.
What does this mean for the markets?
The dollar strengthens, putting pressure on risk assets.
Bitcoin and cryptocurrencies react cautiously, as high rates tend to curb liquidity.
Market sentiment becomes more conservative, awaiting future key economic data.
Key points for traders:
1. Pay attention to the upcoming inflation reports (CPI and PCE).
2. Markets are now recalculating probabilities for a cut by September or even later.
3. The Fed's decisions remain a key factor in the volatility of the crypto market.
And you, are you ready to trade in this uncertain environment?
Follow the signals, manage risk, and stay informed.
