🚨 LATEST: Fed Chair Powell Says “No Rush” on Rate Cuts Amid Tariff Turmoil 🇺🇸📊💬
Hold your horses, Wall Street…
Fed Chair Jerome Powell just made it clear:
“We’re not rushing to change interest rates.”
Why?
📦 New U.S.-China tariffs are shaking the global economy
📈 Inflation pressures remain uncertain
📉 Markets were hoping for rate cuts — but Powell’s not budging
Key takeaways from Powell’s message:
🕒 Patience is the game
🔍 Need time to assess the real impact of tariffs
🛑 No immediate moves on interest rates
📉 Stocks dipped on the news
🪙 Crypto? Still steady… for now
What does this mean for you?
💳 Loans and credit won’t get cheaper yet
🏠 Mortgage rates stay elevated
📈 Markets might stay rocky
🪙 Investors may look more to crypto & gold for safety
Powell’s vibe right now?
“Let’s wait and see.”
Markets’ vibe?
“Do something already!”
But the Fed’s playing the long game, and uncertainty is the only thing rising fast.
In Powell we trust? Or in Bitcoin we hedge?
#FedNews #JeromePowell #InterestRates #CryptoSafeHaven #FinancialNews
