#PowellRemarks , Fed Chair Jerome Powell's remarks were:

**Key Points:**

**Crypto & Stock Market Effects:**

1. **Bitcoin Price Drops 5-7%**: Uncertainty and inflation concerns weigh on crypto.

2. **Stock Market Volatility Increases**: Dow Jones and S&P 500 fluctuate wildly.

3. **Investors Seek Safe Havens**: Gold and bonds attract investors fleeing riskier assets.

4. **Fed Rate Hike Speculation**: Markets expect possible rate hikes to combat inflation

1. **US Economy Strong but Uncertain**: Growth slowing down, risks ahead.

2. **Inflation Still High**: Above 2% target, needs further reduction.

3. **New Policies Impacting Economy**: Trade policies, tariffs affecting growth.

4. **Fed's Goals**: Maximum employment & stable prices (2% inflation target).