#PowellRemarks
💬 **Powell's Statements Shake the Markets!**
Federal Reserve Chair **Jerome Powell** reiterated that inflation is still "high," but he also noted that the **economy is gradually slowing down** — which may pave the way for interest rate cuts later this year.
📉 Markets fluctuated immediately
💵 The dollar lost some momentum
📈 Bitcoin and cryptocurrencies saw a slight increase
Investors are now carefully awaiting the upcoming numbers… Are we nearing the end of the tightening cycle?