#StripeStablecoinAccounts
Key points from Powell's statements:
1. Inflation is slowing down but still remains high above the Federal Reserve's 2% target, which means no easing of monetary policy is expected soon.
2. US tariffs have increased inflation more than expected and if they continue, they will put pressure on financial markets + increase unemployment.
3. Interest rate cuts may be delayed until 2026.
4. The Federal Reserve operates independently of political pressures even if attacked by Trump.
5. The economy is stable currently but risks are high.
Why should you care?
Interest rate decisions are the "hidden remote control" for crypto prices.
◼️ Rate cut: A bullish rocket for Bitcoin (watch its historical rise in September 2024 after a 50 basis point cut)
◼️ Rate hike: A warning of a downturn (as happened in 2022 when Bitcoin lost 10% in one day)
◼️ Stagnation + Powell's statements: A ticking time bomb with 3 dangerous signals:
1. Stubborn inflation above 2%
2. Tariffs doubling pressures
3. The possibility of delaying interest rate cuts until 2026.