#PowellRemarks Why are the markets experiencing a decline? In simple terms, the focus is on the Central Bank and its chairman, Powell. There is significant pressure from figures like Trump and investors to lower interest rates and inject liquidity to boost the stock and cryptocurrency markets. However, Powell has indicated that the Fed has no immediate plans to do so, citing the persistence of inflation. This stance has caused a panic reaction in the markets, resulting in the fall of Bitcoin, stocks, and altcoins, due to expectations of a looser monetary policy. If the Fed stands firm in its position, we could see more declines in the short term.
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