#PowellRemarks
⚠️ In a world where markets fluctuate with every word from the Federal Reserve, Jerome Powell's statements have placed investors in front of a new reality: no easing anytime soon, and tightening may last for a while.
Powell's Statements and Their Impact on Financial Markets
In his latest statements, Federal Reserve Chairman Jerome Powell confirmed that interest rates will remain high as long as there is a need to combat inflation. He stated clearly: "We will not rush to cut rates before seeing strong evidence of inflation declining toward 2%."
This statement heightened caution in the markets, especially in the cryptocurrency market, which heavily relies on liquidity.
# Impact on the Market:
📉 Drop in cryptocurrency prices
📈 Rise in bond yields
💸 Decrease in demand for high-risk assets