#PowellRemarks #The Federal Reserve **Jerome Powell** delivered a key speech that was closely watched by global markets with bated breath! Key points included:

✅ **Inflation control is a priority**: He confirmed the continuation of the "patient waiting" policy before lowering interest rates, despite the slowdown in price indicators.

✅ **Stronger than expected data**: He pointed to the robustness of the labor market and economic growth, but warned of the risks of "excessive optimism".

⚠️ **Warning against haste**: He cautioned investors that any future interest rate cuts would be gradual and tied to inflation data.

**Effects of his speech on the markets**:

- **Dollar rise**: Strengthened against major currencies due to high interest rate policy.

- **Gold decline**: With signals of delaying monetary easing.

- **Reduced expectations for interest rate cuts**: From three times to two by 2025, by 25 basis points.

Between the hawks of caution and the doves of optimism, Powell reminds everyone:

> "Risks are still on the horizon.. and flexibility is our weapon".#CryptoStocks