#PowellRemarks

📉 Interest Rates:

The Fed is holding steady at 4.25%–4.5%. Powell signaled “wait and see” mode—more data needed before any policy shifts.

💼 Labor Market:

U.S. jobs report still looking strong. Unemployment low, job growth stable = no imminent recession vibes.

🔥 Inflation Watch:

Cooling, but not quite there yet. Powell said progress toward 2% is “uneven,” with tariffs adding short-term pressure.

💥 Crypto Impact:

📈 Bitcoin Jumped +4% right after the speech, on hopes that rate cuts may be back on the table in the near future.