#PowellRemarks
The market is shaken again. What did the Fed Chair say?
In his latest public statements, Jerome Powell, the Chair of the Federal Reserve, indicated that inflation remains above the target despite some relative slowdown. This statement sent a clear message that interest rates will remain high for longer than expected, resulting in strong fluctuations in cryptocurrency and stock markets.
The markets reacted immediately, with the DXY dollar index rising, while currencies like BTCUSDT experienced temporary selling pressure before recovering as new liquidity entered.
Powell confirmed that the Fed will continue to rely on data and that any interest rate cuts are contingent upon a clear and sustained decrease in inflation. These signals push investors towards caution and encourage hedging through stablecoins or digital gold like Bitcoin.
The smart trader is now monitoring upcoming economic data such as consumer price indices and employment figures, as they will determine the market's next direction in light of Powell's statements.
The opportunity lies in smart analysis and quick reactions to market changes.