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✅The latest statements from Jerome Powell, chairman of the Fed, once again shook the market board.
✅ Powell reaffirmed that they will remain firm with high interest rates until a clear reduction in inflation is seen.
✅This had an immediate impact on both stocks and cryptocurrencies, especially Bitcoin, which experienced a drop reflecting fears of reduced liquidity in the system.
✅ The Fed's message remains clear: priority to inflation control over growth.