#PowellRemarks Federal Reserve Chair Jerome Powell’s latest remarks struck a cautious tone, signaling that the central bank is not yet ready to cut interest rates despite cooling inflation. Powell emphasized the need for "greater confidence" that inflation is moving sustainably toward the 2% target before easing policy. Markets reacted with caution, as crypto and equities saw mild volatility. While Powell acknowledged progress, he reiterated a data-dependent stance. For crypto traders, this suggests continued uncertainty and potential short-term headwinds. All eyes remain on upcoming economic data, which could influence the Fed’s next move and shape market momentum. Stay tuned with Binance.
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