#PowellRemarks

Jerome Powell, the Chairman of the U.S. Federal Reserve, raised concerns in the markets after his recent statements confirmed the persistence of inflation and the absence of any near-term intention to lower interest rates. Despite keeping rates steady, he indicated that the slowdown in the decline of inflation does not allow for a quick move towards easing. This "hawkish" tone impacted stock and cryptocurrency markets, leading to a sense of caution. Investors have become more conservative, waiting for clearer signals regarding the timing of the first rate cut. The statements reflect a strategy of "patience and vigilance" in the face of inflationary pressures, and increase market volatility in the upcoming period, especially in the crypto sector.