๐Ÿฆ Rate Cuts on the Table? Powell Holds the Key

All eyes are on todayโ€™s Fed announcement (2PM ET). While a rate hold is expected, the real question is: Will Powell hint at a September cut?

Fed governors like Waller & Bowman are undecided โ€” and may even vote โ€œnoโ€ on rate cuts despite past support.

But pressure is mounting from the top โ€” even Trump weighed in, claiming every 1% rate cut = $360B in national savings.

๐Ÿ“‰ The potential impact?

Lower rates = Cheaper capital

Higher risk appetite = Crypto inflows

Possible leg up for BTC, ETH, and alts ๐Ÿ”ฅ

๐Ÿ“Œ Until Powell speaks, expect the market to remain in โ€œwatch mode.โ€

๐Ÿ—ฃ๏ธ TL;DR:

Markets are chilling but far from panicking. The real action depends on macro clarity โ€” and today, that means Jerome Powell.

Will crypto bulls get the green light? Or is more waiting ahead? ๐Ÿ‘€

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