Fed Chair Jerome Powell reiterated the Fed’s commitment to *taming inflation*, stating rate cuts will only come with clear evidence of economic cooling. His tone: *measured but firm*.
🧠 Key Takeaways: – No rush to cut rates – Inflation still sticky – Data will guide decisions
📉 Market Response: Mixed signals in stocks, crypto stays cautious.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Powell Speech 📢🇺🇸 *#PowellSpeech* — Markets on Alert!
Fed Chair Jerome Powell reiterated the Fed’s commitment to *taming inflation*, stating rate cuts will only come with clear evidence of economic cooling. His tone: *measured but firm*.
🧠 Key Takeaways:
– No rush to cut rates
– Inflation still sticky
– Data will guide decisions
📉 Market Response: Mixed signals in stocks, crypto stays cautious.
#FederalReserve JeromePowell #Inflation FOMC #CryptoMarkets RateWatch