#PowellRemarks

According to the report by USA Today, Powell previously expressed his opinion that Bitcoin could serve as a digital version of gold.

During his recent speech, Powell stated that there would be higher inflation and slower economic growth as a result of the tariffs that have been widely discussed, which turned out to be much larger than initially expected. He also noted that economic growth has slowed in the United States compared to the previous year.

Powell has been leading the strongest central bank in the world since 2018.