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🚨🚨🚨 Urgent Jerome Powell's statements

✨The US Federal Reserve Chairman, Jerome Powell, said that the unemployment rate in the US economy is low and stable. He also described the US labor market as solid and not a source of inflationary pressures. He continued that inflation is close to the targeted 2% level, but it is still vulnerable to rising and should not be reassured.

✨Regarding monetary policy, Powell said that the Federal Reserve does not need to rush to cut US interest rates.

✨Powell saw that the only motive for cutting interest rates would be to see unexpected and violent weakness in the labor market. However, he stressed that if inflation does not fall, the scenario will remain to maintain the current monetary policy (high interest rates) for a longer period while keeping the economy strong.

Conclusion: Things are good for digital currencies #LAYEROnBinance #BTCStateReserves .