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📣🔥 Jerome Powell's speech tonight
Today at 7:35 PM Mecca time (8:35 PM UAE time), U.S. Federal Reserve Chairman Jerome Powell will deliver an important speech at the Providence Chamber of Commerce event.
⚖️ The markets are all waiting for his statements, especially regarding:
• The pace of the upcoming interest rate cuts and the impact of tariffs on inflation.
• Signals of a weak labor market versus continued inflation above 2%.
💡 My personal opinion: Any hints from Powell regarding the continuation of cuts or a slowdown in the economy could be a critical moment, opening the door to strong fluctuations in gold, the dollar, and bitcoin.
❓ Question for you:
📈 Do you expect Powell's speech to support the rise of bitcoin and crypto?
❤️ Its impact will be limited and temporary
📉 No, it will negatively pressure the market
#JeromePowell #FederalReserve #Bitcoin #Gold #FinancialMarkets #Mring #GoldHitsRecordHigh #BinanceHODLerBARD #BinanceHODLerHEMI #تابعني $ETH
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