#PowellRemarks Market Reacts to Fed Chair Powell’s Statement.
Federal Reserve Chairman Jerome Powell delivered a cautious message in his latest speech:
❝ Inflation is still too high, and we're not yet confident enough to begin cutting interest rates. ❞
📌 Key Points:
No interest rate cuts in the near term
Inflation still a concern for the Fed
Markets show mixed reaction: Stocks drop, Dollar gains
💬 What does this mean for traders and investors?
Rate-sensitive assets may stay under pressure
Crypto may see volatility as risk appetite shifts
Long-term outlook depends on inflation data ahead
📊 All eyes now turn to July’s FOMC meeting and upcoming CPI numbers.
📥 Share your thoughts below. How do you see the markets reacting to Powell’s stance?