#PowellRemarks Chairman of the Federal Reserve Jerome Powell often influences financial markets with his statements. In recent speeches, he emphasized that inflation remains above the target level, and the Fed will act cautiously before lowering the rate. Despite signs of an economic slowdown, Powell made it clear: sustained progress in reducing inflation is a key condition. His words cooled expectations for an imminent easing of monetary policy. Stock and cryptocurrency markets reacted with volatility, and bond yields rose. These comments confirm: the Fed maintains a hawkish stance until it is convinced that inflation is under control.
