$BTC $ETH #CryptoStocks #PowellRemarks #PowellRemarks #PowellRemarks The speech by Powell likely refers to the chairman of the Federal Reserve, Jerome Powell. In recent months, Powell's statements and the Fed's decisions have focused on containing inflation, with the possibility of interest rate cuts in the future. The Fed's communication has been cautious, aiming to avoid signs of panic or lack of control over the economy. Below are the

-main points:

Context:

The U.S. economy has shown signs of slowing down, which has led the Fed to consider interest rate cuts to stimulate

growth. However, inflation is still above the 2% target, necessitating caution.

Powell's speech is important for understanding the direction of monetary policy and the pace of rate cuts.

•Main points of the speech:

•Interest rate cuts:

Powell may have signaled that the Fed is preparing to cut interest rates, but there is no need to rush.

•Monitoring inflation:

The Fed is attentive to inflation data and will seek to ensure that it continues to fall towards the 2% target.

•Caution:

The Fed should be cautious and avoid hasty decisions, considering the uncertainty of the economic landscape.

•End of the rate hike cycle:

It is possible that Powell's speech indicates the end of the rate hike cycle and the beginning of a cut cycle, but the pace and magnitude of these cuts are still uncertain.

•Impact on markets:

•Stocks:

Stocks may rise with the expectation of interest rate cuts, which could stimulate the economy.

•Dollar:

The dollar may weaken against other currencies, with the expectation of lower rates in the U.S.

•Fixed income:

U.S. Treasury bonds may see a decline in yields, with the expectation of lower rates.

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