#PowellRemarks
Powell’s Got Jokes – But Markets Ain’t Laughing
So Fed Chair Jerome Powell just dropped some spicy comments about Trump’s new tariffs. Long story short: they’re way bigger than expected, and Powell says they’re gonna push prices up and slow down the economy. Yep, inflation might get a new lifeline.
He basically said, “We’re not letting short-term price jumps become long-term pain.” Translation: the Fed’s watching this like a hawk, and interest rates might stay higher for longer.
What’s This Mean for Crypto?
BTC is chilling around $82.7K, ETH near $1,788, and BNB creeping up to $593. Not much drama—yet. But if traditional markets start shaking, crypto could either ride the wave or take a hit. Keep your seatbelts on.
TL;DR: Powell’s saying “Don’t sleep on these tariffs.” Might be time to start thinking defensive… or opportunistic. Your call.