#PowellRemarks POWELL'S LATEST REMARKS: What Crypto Traders NEED to Know 🚨

Fed Chair Jerome Powell just dropped key insights at the **Jackson Hole Symposium**—here’s the *crypto angle* simplified:

1. "Higher Rates for Longer" 🔼**

The Fed won’t cut rates soon until inflation cools to 2%.

Real-life impact: Traders borrowing USD to buy crypto (leverage) face higher costs. *Example*: BTC dipped 2% post-speech as risk appetite shrank.