📢 #PowellRemarks – What’s Happening in the Market? 💬💰

👨‍⚖️ Jerome Powell, the boss of the US central bank (Federal Reserve), just gave an update. Let’s make it super easy to understand 👇

🔹 No Change in Interest Rates

➡️ The Fed decided to keep interest rates high (between 5.25% and 5.50%).

📉 This means loans (like for cars, houses, or businesses) still stay expensive.

🛑 It slows down the economy — and also affects crypto prices!

🔹 Rate Cuts? Not Yet

😬 Some people were hoping for a cut in interest rates this year.

But Powell said maybe we’ll get just 1 cut or maybe none at all in 2025.

🛍️ Prices (inflation) are still too high, so they don’t want to lower rates yet.

🔹 Tariffs May Cause More Problems

📦 New import taxes (called tariffs) starting soon might make prices rise even more.

Powell said this could make inflation worse, so they have to be extra careful.

🔹 How Did the Market React?

💵 US Dollar got stronger

📈 Bond interest rates went up

📉 Crypto and stocks didn’t move much — they stayed quiet.

💡 What Does This Mean for Us?

Don’t expect a big market pump right now

Fed is waiting for prices to go down before any good news

But later this year, if inflation slows down, we might see lower interest rates

👀 So, what do you think?

Will crypto stay quiet or is something big coming soon?

Let me know ⬇️

#PowellRemarks #CryptoNews #MarketUpdate #BinanceSquare #FedNews