#PowellRemarks once again shook the markets. The head of the Federal Reserve made it clear that the regulator continues to adhere to a cautious approach: inflation is decreasing more slowly than expected, which means that interest rate cuts are being postponed. This statement heightened volatility in the stock and cryptocurrency markets: the dollar strengthened, gold dropped, and bitcoin temporarily went into the negative. Investors are closely watching every word from Powell, as his rhetoric sets the tone for the entire global financial system. In the coming weeks, volatility may increase — the market is craving specifics.
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