๐บ๐ธ FED CHAIR POWELL: NO SIGNAL ON RATE CUTS YET ๐
Jerome Powell reaffirms a wait-and-see stance in his latest testimony.
๐น No clear sign of July rate cut
๐น Fed watching tariff impacts closely
๐น Inflation still high but showing signs of cooling
๐น Economy remains resilient
๐น Markets now pricing in cuts for September or later
Meanwhile, political pressure mounts from Trump ๐
๐ Translation for crypto:
Uncertainty = volatility
Patience = opportunity
Smart money watches the macro ๐ง ๐ธ
