#PowellRemarks
Markets Waiting for Fed Clarity
Jerome Powell, the Chair of the U.S. Federal Reserve, recently spoke about the current economic situation and his words are already shaking up both traditional markets and crypto.
In his latest remarks, Powell signaled that the Fed is staying cautious with interest rates due to mixed economic signals. While inflation is slowly cooling, the Fed still wants to be sure before making any rate cuts. This means market volatility might continue, and investors are watching closely.
Crypto investors are especially alert. Whenever Powell speaks, it can quickly affect Bitcoin, Ethereum, and even stablecoins like $USDC as people shift their money based on interest rate expectations.
$BTC Bitcoin often reacts the fastest to Powell’s remarks. If rate cuts come later than expected, BTC might dip short-term but in the long run.
