#PowellRemarks Federal Reserve Governor (The Fed) Jerome Powell stated that the central bank does not need to rush to adjust interest rates. Powell's statement once again indicates that the central bank will be patient before further lowering borrowing costs.

After Powell's statement, Treasury bond yields remained higher on that day, while stock prices fluctuated. Traders also largely did not change their expectations for interest rates this year, with rate cuts not fully anticipated until September and fewer than two cuts expected by 2025.

Current conditions significantly influence the rise and fall of cryptocurrency prices such as bitcoin, bnb, eth, and other coins.