📣 #PowellRemarks
Powell speaks… and the markets listen.
🎯 Key message:
"Inflation remains high, but we proceed with caution. It is not yet time for rapid cuts."
📉 Immediate outcome:
Strong dollar, Bitcoin and stocks retreat.
Rate cuts remain on hold.
🔍 Translation:
The Fed does not want to risk a resurgence of inflation. They prefer to go slow, even if it slows down the economy in the short term.
👀 Opportunity for holders:
Volatility = discounted prices. But be careful with leverage.