Jerrome Powell: rates will remain high — the Fed is waiting for new data:
The Chairman of the Fed addressed the U.S. Congress with a report on monetary policy. Key signals:
🔹 Financial conditions remain "moderately tight"
🔹 A rate cut is unlikely — markets price in
🔹 Everything depends on new data on inflation and employment
💬 Powell emphasized: the Fed does not respond to political signals, but acts strictly based on economic indicators.
📊 After the employment report, markets strengthened expectations for maintaining the current rate.
This means: cheap money is not returning yet — and crypto remains in the accumulation phase.
🧠 What do you think:
High rates — are they a brake for crypto or a chance for long-term growth?
