#PowellRemarks Federal Reserve Chair Jerome Powell's recent remarks have stirred the markets. Powell emphasized the Fed's commitment to controlling inflation, suggesting that interest rate hikes may continue if necessary. He highlighted the resilience of the U.S. economy but also acknowledged the persistent inflationary pressures.

Powell's cautious tone indicates a data-dependent approach, with future decisions hinging on incoming economic indicators. His focus on maintaining price stability signals a potential for further tightening, impacting risk assets like cryptocurrencies. Traders should closely monitor Fed communications and economic data releases for clues on future monetary policy.

#Fed #Powell #Inflation