Aliya Queen
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Bullish
The Federal Reserve has maintained its benchmark interest rate for the fourth consecutive meeting, signaling a cautious and patient stance as policymakers assess evolving economic risks. Officials continue to anticipate two rate cuts before year-end, aligning with March projections, though outlooks now reflect slightly higher unemployment and increased inflation expectations.
Chair Jerome Powell emphasized a “wait-and-see” approach, highlighting the Fed's intention to carefully monitor the impact of tariffs on the broader economy before making further policy moves. He acknowledged that tariffs—many retained from the previous administration—are expected to exert additional inflationary pressure in coming months. While some of these costs may be absorbed by businesses, a significant portion is likely to be passed on to consumers, complicating the timing and pace of potential rate cuts.
Powell also faces growing political pressure during his semi-annual congressional testimony. Republican lawmakers, echoing former President Trump’s calls, are pushing for faster rate reductions to ease borrowing costs. Powell’s challenge remains balancing these political demands against the Fed’s mandate for economic stability and prudent decision-making.
#MarketPullback #PowellWatch #AltcoinSeasonLoading #CryptoIntegration
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Chair Jerome Powell emphasized a “wait-and-see” approach, highlighting the Fed's intention to carefully monitor the impact of tariffs on the broader economy before making further policy moves. He acknowledged that tariffs—many retained from the previous administration—are expected to exert additional inflationary pressure in coming months. While some of these costs may be absorbed by businesses, a significant portion is likely to be passed on to consumers, complicating the timing and pace of potential rate cuts.
Powell also faces growing political pressure during his semi-annual congressional testimony. Republican lawmakers, echoing former President Trump’s calls, are pushing for faster rate reductions to ease borrowing costs. Powell’s challenge remains balancing these political demands against the Fed’s mandate for economic stability and prudent decision-making.
#MarketPullback #PowellWatch #AltcoinSeasonLoading #CryptoIntegration
$BTC
$ETH
$XRP
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