๐ข *FED CHAIR POWELL SPEAKS: HEREโS WHAT YOU NEED TO KNOW* ๐ง ๐
๐ฃ๏ธ Jerome Powell just dropped some key insights, and itโs sending mixed vibes across the markets:
๐น *"Weโre well positioned to wait..."*
๐ Translation: *No rush* to cut or hike rates. The Fed wants more data before making any big moves. ๐งพ๐ต๏ธโโ๏ธ
๐น *"The U.S. economy is solid..."*
๐บ๐ธ But Powell also warned thereโs still *uncertainty* and *downside risks* on the horizon. โ ๏ธ๐ช๏ธ
๐น *"Our mandates may start clashing..."*
๐งฉ That means *fighting inflation vs. supporting jobs* could soon collide. Tough decisions ahead. โ๏ธ
๐น *"No strong labor market without price stability."*
๐ผ๐ธ He made it clear โ *inflation comes first*. Donโt expect a Fed pivot unless inflation cools significantly. ๐ฅโ๏ธ
๐ *Bottom Line:*
๐ซ *No rate cuts coming soon*
๐ *Rates staying high* for now
๐ Short-term pressure on risk assets like BTC & alts
๐ All eyes remain on inflation prints & macro indicators
๐ฌ Whatโs your next move? Buying the dip or waiting for Powell to blink?
#Powell #FOMC #Inflation #CryptoNewss #MarketUpdate โณ๐๐ผ