$BTC 🟥 Powell warns: "The zero interest rate level is still a risk"
🎙️ U.S. Federal Reserve Chairman Jerome Powell:
▪️ The zero interest rate still poses a potential risk to the financial system… and it should be "reassessed"
▪️ An internal agreement at the Fed on the necessity to review the strategy for dealing with:
— medium-term inflation
— partial unemployment
📊 Expectations indicate that the Personal Consumption Expenditures (PCE) rate may reach 2.2% in April – a reading that markets are closely monitoring to determine the upcoming interest rate path.
📉 Is monetary policy heading for change? Or should we expect additional pressure on inflation before any action?
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