Federal Reserve Chairman Powell emphasized that consumer spending is slowing, and stated that the current situation 'may require us to adjust our policy stance' to lower interest rates $ETH , $XRP , and $SOL

After Powell's speech, the likelihood of the Fed cutting interest rates in September rose to 89.2%

Powell warned of rising employment risks, hinting at a possible rate cut in September. He pointed out that the threats facing the labor market are increasing. Tariff-driven inflationary pressures will be temporary. Changes in risk balance may prove that policy adjustments are reasonable. Meanwhile, Canada has lifted retaliatory tariffs on various U.S. products.