#PowellRemarks 📌 Highlights from Powell's statements:$BTC $ETH $BTC #PowellRemarks

🔹 Inflation is still above the target level (2%), but there has been some progress.

🔹 A rate cut is not ruled out this year, but only if the slowdown in inflation remains stable.

🔹 The U.S. economy is not showing enough signs of weakness to justify a rapid rate cut.

🔹 The Fed will continue to monitor monthly data before making any decisions.

⚖️ What does this mean for investors?

📉 No near-term rate cut = Continued pressure on the stock and cryptocurrency markets.

💵 Continued strength of the dollar due to expectations of keeping interest rates high.

💼 Investors are watching inflation and job reports as key determinants for the Fed's next move.

🧠 Summary:

Powell's statements reflect a cautious approach and emphasize that data drives the decision. Any rapid move toward a rate cut seems unlikely until further notice.