#PowellRemarks Federal Reserve Chair Jerome Powell often influences financial markets with his statements. In recent speeches, he emphasized that inflation remains above the target level, and the Fed will act cautiously before lowering rates. Despite signs of an economic slowdown, Powell made it clear: sustained progress in reducing inflation is a key condition. His words cooled expectations for an imminent easing of monetary policy. Stock and cryptocurrency markets reacted volatilely, while bond yields increased. These comments confirm: the Fed maintains a hawkish stance until it is convinced that inflation is under control.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.