#PowellRemarks Powell’s Remarks Spark Market Reactions Amid Inflation Concerns
Federal Reserve Chair Jerome Powell’s latest remarks have stirred both traditional and crypto markets. Speaking on the ongoing battle against inflation, Powell reaffirmed the Fed's commitment to maintaining higher interest rates until there is “greater confidence” that inflation is on a sustainable path to 2%. While the U.S. economy remains resilient, and Powell acknowledged that any premature rate cuts could risk undermining progress.