📢 Jerome Powell is speaking... and the markets are holding their breath! 💬💥
In his latest speech, the Chairman of the U.S. Federal Reserve, Jerome Powell, indicated a continued caution in monetary policy, emphasizing that inflation is still far from target levels, and that raising interest rates may remain on the table if the data warrants it.
📊 _Technical Note:_ The markets reacted with clear volatility, with a temporary increase in the dollar and a drop in cryptocurrencies, especially Bitcoin, which tested support at 113K immediately after the speech.
🔍 Key Points:
- The Fed does not rule out raising interest rates again if inflationary pressures continue.
- Focus on upcoming economic data to determine the path forward.
- Clear signals that monetary policy will remain "restrictive" for longer than expected.
⚠️ This speech serves as a reminder to investors that the market does not move solely on numbers, but also on tone and messages between the lines.
The next phase may bring sharp fluctuations, especially in cryptocurrency and gold markets.
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