#PowellRemarks Powell Slows Fed Tightening – What It Could Mean for Your Bitcoin Moves
Federal Reserve boss Jerome Powell just shared why they slowed down their plan to shrink the balance sheet last month. Basically, the Fed had been cutting back on the money they pumped into the system (this is called quantitative tightening), but in March, they eased up a bit. Some folks thought this meant the Fed was worried about running out of money in the system, but Powell said nope – “We think reserves are still abundan