#PowellRemarks Federal Reserve Chair Jerome Powell reaffirmed the central bank's cautious stance on rate cuts, stating that more evidence is needed to confirm inflation is sustainably moving toward the 2% target. Speaking at a recent event, Powell noted that while inflation has eased from its peak, it remains elevated. Markets reacted with slight volatility, as traders recalibrated expectations for a rate cut later this year. Crypto markets showed resilience, with Bitcoin hovering above key support levels. Powell's remarks underscore the Fed’s data-driven approach, keeping investors alert to upcoming economic indicators and their potential impact on interest rates and digital assets.