🔹 The U.S. economy remains strong, and the labor market is stable.

🔹 Inflation is still somewhat elevated, with recent data showing slowing consumer spending.

🔹 Economic uncertainty has increased, and inflation expectations are rising, mainly due to tariffs.

🔹 The Fed is in no rush to change interest rates and is closely monitoring the situation.

🔹 If the labor market weakens, monetary policy could be adjusted.

🔹 The #Fed decided to slow down the pace of balance sheet reduction (QT).

🚀 Bitcoin reaction: After Powell's speech, $BTC surged to $87,400 but has since corrected to around $86,000.

#JeromePowell #PowellSpeech