#PowellRemarks What does Powell say – is the market sighing or holding its breath?

In his latest speech, Fed Chairman Jerome Powell continued to emphasize a 'data-dependent' stance and is not in a hurry to cut interest rates, causing strong market fluctuations. Although inflation is gradually decreasing, Powell remains cautious, concerned that the risk of a hot recovery could lead the Fed to 'cut early and regret early'.

Powell's message of 'cautious but not panicked' has kept gold and crypto stable while making stocks wary. Investors at this point are not only monitoring CPI – but also need to carefully read each remark from Powell.