What Does Powell Say, What Doesn’t He?
Although it seems like he hasn’t said much on the surface, the subtext is actually quite clear:
📌 1. He says the strategic language will change:
We will reassess our approach to employment and inflation policies.
→ This is a sign that the Fed will make decisions based on new conditions rather than old rules.
📌 2. The average inflation target may be revised:
"The 2% target is no longer sacred."
→ This means that even if inflation remains around 2.3-2.4%, a rate cut could still come.
📌 3. Supply shocks may become more frequent:
→ This means that future price volatility could increase, which implies a more flexible and responsive Fed.
📌 4. He doesn’t speak directly about interest rates:
By saying, "I will not comment on the short-term interest rate outlook," he avoids giving a direct signal, but the message has already been conveyed.
What Message Should We Take for June 2025 and Beyond?
🔸 Powell indicates that the Fed will make decisions based on variable conditions rather than strict rules.
🔸 This flexibility is something the markets appreciate.
🔸 The CPI and PPI data already say, "inflation is decreasing."
🔸 This softening in Powell's language shows that a rate cut is now a matter of timing.
What Does This Mean for Bitcoin and Altcoins?
1. Clearly positive:
– Inflation pressure has decreased
– Rate cuts are on the horizon
– The Fed’s flexible stance will redirect capital back to risky assets
2. June – July period: Could be a turning point
– During this process, the crypto market will first recover with BTC
– Then a strong capital flow will begin towards altcoins
3. Investor psychology is shifting
– Now everyone starts to think, "when should I sell," which indicates the beginning of rallies.
Friends, THE RESULT:
Every sentence that comes out of Powell's mouth actually conveys this message for the crypto market:
"We are not as tight as before. We are open to change. If conditions deteriorate a bit more, we will ease."
This is a significant signal for patient investors.
The Fed is preparing not to be the brake, but the gas pedal.
I believe the first spark of the altcoin season has already been ignited...