#BTCRebound

Urgent: Market collapses are multiplying after Powell's remarks.. and gold is plummeting.

Trump wrote: "This is the perfect time to cut interest rates," adding that Powell should "stop playing politics."

The Fed chairman did not directly respond to the president's comments but reiterated the central bank's independence and its mandate regarding inflation.

Powell stated: "The Fed is committed to keeping inflation expectations anchored."

While Powell acknowledged the economic risks of tariffs, his message was clear: the Fed will not rush to meet market demands or political pressures. Instead, it will act based on incoming data and its dual mandate.