#PowellRemarks

🔍 Insights from Powell’s Remarks

1. Interest Rate Pause

The Fed held its benchmark rate steady at 4.25–4.50% for the fourth consecutive meeting

The dot‑plot projects two rate cuts later this year, though some Fed members now foresee none in 2025

2. Inflation & Tariff Inflation

Powell warned that inflation could rise this summer due to tariffs, stressing uncertainty around who bears the cost

He reiterated that he expects a “meaningful amount” of inflation ahead

3. Economy Still Solid

He emphasized the U.S. economy remains on “solid footing,” which offers a boost to risk-on assets like crypto .

📊 Crypto Reaction

Markets responded with heightened volatility: Bitcoin fell toward $103.7K, then rebounded slightly

Some altcoins displayed resilience—FET, for example, remained above key support levels

Overall investor sentiment remains cautiously bullish, noting that S&P 500 and crypto surged in reaction to hints of future easing .

💡 Summary

Powell’s statement—“solid economy, tariff inflation ahead, but cuts may come”—send crypto into a brief wobble, but did little to derail the broader bullish narrative. With underlying economic strength still in play and easing anticipated later in the year, many analysts see current levels as a potential “dip-buy” opportunity.

#PowellRemarks