Jerome Powell’s latest remarks have once again captured the attention of global markets. While acknowledging economic progress, Powell emphasized that inflation remains above the Fed’s target and continues to be a key concern.
His comments suggest that the Federal Reserve is in no rush to reduce interest rates, reinforcing a cautious stance toward monetary policy. This has caused a ripple effect across traditional and crypto markets, as investors weigh the prospects of prolonged high rates against broader financial stability.
Market participants are watching closely, as Powell’s tone often sets the pace for short-term volatility and long-term economic sentiment.
