🪩 Speech #ФРС — key event of the week
The main factor for the markets in the coming days will be the speech of Fed Chairman Jerome Powell at the symposium in Jackson Hole.
The situation remains contradictory: #инфляция updated three-year highs, while #рынок labor shows signs of slowing down. In these conditions, the Fed is forced to seek balance, and Powell's statements will be decisive for global markets.
A softening of rhetoric and a hint at an imminent rate cut could weaken the dollar and increase interest in risk assets, including cryptocurrencies. Conversely, a strong emphasis on inflation will intensify pressure and could provoke a correction in #Bitcoin and altcoins.
📌 Conclusion: the dynamics of the crypto market are directly related to the macroeconomy. Powell's speech will serve as a benchmark for the short-term trend.
