#PowellRemarks
📢 Latest Powell Remarks – What It Means for 🗣️💹
Jerome Powell, the U.S. Fed Chair, just spoke—and here’s what YOU need to know if you’re trading on Binance! 📊🔰
🧭 What Happened?
📌 The Fed kept interest rates steady at 4.25–4.50%—no rate cuts for now.
📌 Powell said the economic outlook is “foggy”, especially with inflation and tariffs rising.
📌 He warned of “meaningful” inflation risks, meaning rates may stay high longer.
🚀 Impact on Crypto Markets:
📉 Bitcoin & Ethereum are moving sideways (range-bound).
💵 The U.S. Dollar is gaining strength, which often pressures crypto prices.
⚠️ Increased volatility expected—especially for altcoins and crypto stocks!
🪙 What Binance Beginners Should Do:
✅ Stay calm—Powell’s remarks often cause short-term market jitters.
✅ Use stop-loss tools and watch stablecoin pairs (like USDT).
✅ Follow updates from Binance and financial news.
✅ Avoid emotional trades—Powell says the Fed will wait for more data before acting.
🧠 Pro Tip:
The first possible rate cut is expected around September 2025—mark your calendar and plan your moves wisely! 🗓️📈