Fed Chair Powell Expected to Hold Steady on Rates
According to BlockBeats, Aptus Capital Advisors' analyst John Luke Tyner predicts that Fed Chair Jerome Powell will stick to his cautious tone, emphasizing the need for more data before any rate cuts.
Why?
Inflation is still above target
The U.S. economy remains stable
So, don’t expect any aggressive moves soon!
Tyner is also watching for any comments on tariffs and how they could affect prices. With recent remarks from former President Trump's camp, there’s buzz that Powell may highlight the Fed's independence.
What does this mean for crypto and markets?
Eyes are on the Fed—stay sharp!
#FedWatch #CryptoNews #BinanceSquare #InterestRates #Powell #Macroeconomics #BTC #ETH
Your thoughts? Drop them below!
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