Powell Just Dropped a Bomb (Politely)!
Jerome Powell just wrapped up his speech, and here's the spicy TL;DR:
➡️ “We’re chillin’ till things get clearer” (aka no rate cuts yet).
➡️ Surprise tariffs? Hello inflation, goodbye growth!
➡️ Tariff shock = more jobless folks + pricier coffee.
➡️ Fed goals? Yeah… we’re swerving off track.
➡️ Markets still vibing—for now.
➡️ U.S. debt? Not crashing yet, but definitely unsustainable.
➡️ Buckle up, volatility isn’t done partying.
Moral of the story: The Fed is playing wait-and-watch, but the economy’s feeling those tariff tremors. Are we ready for the next shake?
#PowellSpeech #MarketUpdate #CryptoVsInflation #TariffTrouble