#PowellRemarks
Powell’s Remarks Shake Markets: What It Means for Crypto 🧠📉📈
In his latest address, Fed Chair Jerome Powell emphasized a "data-dependent" approach to future interest rate moves — signaling no immediate cuts, but also no rush to tighten further. The market reaction was mixed, but crypto traders are watching closely.
🔍 Key takeaways:
• Inflation remains “sticky” but improving
• Labor market is softening gradually
• Fed needs more confidence before pivoting
For Bitcoin and altcoins, Powell's cautious tone creates short-term uncertainty but keeps the door open for a mid-term rally — especially if inflation cools and rate cuts enter the conversation later in 2025.