#PowellRemarks
Powell Speaks, Crypto Reacts! What You Need to Know Now 👀💬
Fed Chair Jerome Powell just wrapped up his speech and the crypto world is buzzing. Here’s your quick decode and why it could shift the tide for your portfolio! 📊💥
🔑 Main Highlights:
📉 Interest Rates:
The Fed is holding firm at 4.25%–4.5%. Powell is in “🕵️♂️ wait and watch” mode — no rush to change policy just yet.
💼 Labor Market:
Jobs are still strong. Unemployment is low, and hiring remains steady — meaning no immediate recession red flags 🚫📉
🔥 Inflation Status:
Still cooling… but slowly. Powell called progress toward 2% inflation “bumpy”, and tariffs could add short-term pressure.