#PowellRemarks #PowellRemarks 🏦🎙️
Fed Chair Jerome Powell held rates steady at 4.25–4.50%, warning inflation may stay “meaningful” in coming months and tariffs could sustain price pressure 📉. His tone was hawkish, delaying any cuts until September or later ⏳ . Stocks wavered—S&P flat, Nasdaq +0.1%, crypto edged lower as risk assets reacted to tightening sentiment . Powell also said crypto competes with gold, not the dollar, and banks may offer crypto services if “safe & sound” ⚙️ .