#PowellRemarks once again stirred the markets. The head of the Federal Reserve made it clear that the regulator continues to maintain a cautious approach: inflation is decreasing more slowly than expected, which means that interest rate cuts are being postponed. This statement increased volatility in the stock and cryptocurrency markets: the dollar strengthened, gold declined, and bitcoin temporarily went into the red. Investors are closely monitoring every word of Powell, as his rhetoric sets the tone for the entire global financial system. In the coming weeks, volatility may increase — the market craves specifics.
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