#PowellRemarks The Fed remains firm: Is the end of rate cuts in the short term?
Jerome Powell's words shake the markets once again. In his latest intervention, the Chairman of the Federal Reserve made it clear that the fight against inflation is not over yet. While the market was expecting clearer signals regarding a possible rate cut, Powell chose a more cautious tone, acknowledging progress but emphasizing that "the battle has not been won."
This stance reinforces the idea that cuts may be delayed longer than expected, impacting both traditional markets and the crypto ecosystem. Stocks reacted cautiously, and Bitcoin showed some volatility following his remarks.
Powell maintains the focus on data: if inflation does not sustainably decline, restrictive monetary policy will continue. In this scenario, investors should prepare for more months of high rates.
Will this be the new normal for longer than we think?