#PowellRemarks

🏦 Powell Remarks & Crypto Markets

1. Fed Holding Rates, No Rush to Cut

At the latest Fed policy press conference, Chair Powell emphasized that interest rates will remain steady for now. With the U.S. economy remaining strong and inflation still above target, the Fed is in no hurry to lower rates—even temporarily pausing amid trade policy uncertainty 

2. “Solid Economy, Risk Assets Get a Boost”

Crypto markets took comfort in Powell’s tone. Bitcoin edged up ~1% to around $86.3K, Ethereum and others saw modest gains as investors recalibrated wrapped around a steady economic backdrop 

3. Banks & Crypto: A More Open Stance

Powell confirmed U.S. banks can legally offer crypto services—provided they properly manage risks. His remarks suggest traditional finance may integrate more, not less, with digital assets

📌 What You Should Know

Market vibe: Neutral-to-positive—stability in rates helps reduce sudden shocks.

Flows: Crypto sees selective inflows as risk-on assets benefit.

Institutional outlook: Growing openness suggests banks may expand crypto services under oversight.