#DiversifyYourAssets Some Important Points Mentioned by Mr. Powell..

Federal Reserve Chairman, Jerome Powell, in his speech highlighted several important points related to the economic conditions in the United States and monetary policy:

1. Impact of Tariffs on the Economy: Powell warned that the new tariffs imposed by President Trump could potentially increase inflation and slow down economic growth more significantly than previously anticipated. He emphasized that while the effects may be temporary, there is a possibility of more persistent inflation impacts.

2. Interest Rate Policy: Although markets expect a rate cut, Powell indicated that the Federal Reserve is likely to maintain the current benchmark interest rate of 4.3% in the near term. The Fed's main focus is to control inflation and wait for further clarity before making any monetary policy adjustments.

3. Labor Market: The March employment report showed an addition of 228,000 jobs, indicating a solid labor market. However, the unemployment rate slightly increased to 4.2%.

4. Independence of the Fed: In response to political pressure, Powell reaffirmed the independence of the Federal Reserve and stated that monetary policy decisions are based on economic data and independent analysis, not political pressure.

Powell emphasized the importance of a cautious approach in adjusting monetary policy amid economic uncertainty caused by trade policies and other factors. Everyone here is singing while waiting for BTC to rise 100 percent and lead us to true victory, a victory that we never anticipated.