🚨 Powell Hints at Rate Cut — Crypto on the Move? ₿📈💵
🎤 A Careful Message from Jackson Hole
Federal Reserve Chair Jerome Powell cautiously opened the door to lowering interest rates in the coming months, while stressing that the Fed will move carefully as it weighs risks to jobs and inflation.
⚖️ Balancing Risks: Jobs vs. Inflation
Powell noted that the Fed faces a delicate trade-off: cutting rates could support hiring, but may fuel inflation. Raising or holding rates fights inflation but risks higher unemployment.
📊 What’s Next?
The Fed’s September 16-17 meeting looms large, but Powell gave no clear signal on timing, frustrating Wall Street and the White House.
🏛️ White House Pressure
President Donald Trump, who has long pushed for steep cuts, renewed his attacks on the Fed, even as markets scaled back their expectations of a September rate reduction.
🌎 A Global Stage
Powell delivered his remarks at the Fed’s annual Jackson Hole economic symposium, where policymakers and economists worldwide gathered to dissect the central bank’s next moves.
₿💸 What It Means for Crypto?
🔽 Lower rates = cheaper money → could fuel risk-on sentiment and boost demand for Bitcoin, Ethereum, and altcoins.
🔥 Inflation risk → makes BTC more attractive as a hedge.
🎢 Market uncertainty → Powell’s cautious tone may spark short-term volatility, but clearer Fed action in September could drive stronger crypto moves.
💵 Dollar impact → A weaker U.S. dollar (if rates are cut) often strengthens global crypto prices.