#PowellRemarks

Market Impact! ๐Ÿ“‰๐Ÿ“ˆ

Fed Chairman Jerome Powell reiterated today his commitment to controlling inflation. ๐Ÿ—ฃ๏ธ

He stated that there is little chance of rate cuts anytime soon unless inflation comes down clearly.

๐Ÿ” Market Reaction:

๐Ÿ’ต Strength in the US Dollar

๐Ÿ“‰ Pressure on crypto and stock markets

๐Ÿ“Š Volatility in futures markets