📢 BREAKING: 🇺🇸 Fed Chair Jerome Powell says a “solid majority” at the Fed expects rate cuts later this year! 🟢💰

🔍 What Powell actually said (in summary):

Inflation is still above target but has been cooling steadily.

The Fed now sees signs that the economy could slow enough to bring inflation closer to the 2% goal.

Because of this, a "solid majority" of policymakers believe that cutting rates before year‑end may be appropriate — if inflation continues to behave.

Powell emphasized any cuts would still be gradual and data‑dependent, not a sudden pivot.

📈 Why this matters:

✅ Lower rates usually:

Make borrowing cheaper → good for businesses & consumers

Lower the dollar → bullish for commodities and crypto

Encourage risk‑on investing → could drive up stocks & Bitcoin

⚠️ But:

The Fed won’t cut immediately — they need more proof inflation is under control.

Markets could still be volatile if new inflation data comes in hotter than expected.

🌍 Bottom line:

Powell just gave the market a green light to hope for rate cuts by late 2025 — but made it clear it all depends on the data.

This is why crypto and stocks jumped right after the statement — traders love lower rates! 🚀

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