Powell Drops a Caution Bombš£š„: Inflation Still Lurking?
Fed Chair Jerome Powell just shook things up again. Speaking in Chicago, he warned that the new U.S. tariffs could fuel another inflation wave ā yep, higher prices could be back on the menu.
Whatās more?
ā”ļøNo rate cuts anytime soon
ā”ļøFedās still watching inflation like a hawk
Markets instantly reacted: Stocks dipped, dollar slid, yields dropped
Crypto folks ā this matters.
If inflation creeps up, traditional markets may wobble... but Bitcoin and hard assets might shine again. Is this the setup for the next leg up in crypto?
šYour take:
Bullish for crypto? Or more pain ahead for risk assets?