#PowellRemarks
| Powell Sends Strong Messages to the Markets!
In his recent statements, Jerome Powell, the Chairman of the Federal Reserve, confirmed that inflation remains higher than targeted levels and that the Fed will maintain a tight monetary policy until it sees "clear and compelling evidence" of price decreases.
Financial markets reacted swiftly, with:
The US dollar rising.
Risk appetite in stocks and cryptocurrencies declining.
Expectations of any delay in interest rate cuts increasing.
Powell's statements mean that investors should be more cautious, diversifying their investment portfolios and carefully assessing risks.
Every word from Powell creates a wave... so be prepared!
