#PowellRemarks - Market Impact Analysis!
Jerome Powell’s hawkish stance on inflation, ruling out near-term rate cuts unless inflation sustainably hits 2%, has sent ripples through markets. The strengthened US Dollar reflects confidence in tighter policy, while crypto and equities face downward pressure due to risk-off sentiment—Bitcoin dipped below $83,000, and the Nasdaq fell 4.2%. Futures markets are volatile, with traders pricing in delayed cuts, possibly September at earliest. Powell’s focus on tariffs as an inflationary risk adds uncertainty, potentially curbing crypto IPO momentum like Circle’s. I see markets staying choppy; crypto could decouple if regulatory clarity emerges. What’s your take?