JUST IN: 🇺🇸 Former President Trump says he will fire FED Chair Jerome Powell if elected in 2024.

#Write2Earn #USACryptoTrends #Powell
#sanor016CommUNITY

Federal Reserve Chairman Powell said at the event on Thursday: "We know that ongoing progress toward our 2 per cent goal is not assured: inflation has given us a few head fakes", "If it becomes appropriate to tighten policy further, we will not hesitate to do so.” “We are attentive to the risk that stronger growth could undermine further progress in restoring balance to the labour market and in bringing inflation down, which could warrant a response from monetary policy,” Powell added.

#Powell

JUST IN: 🇺🇸 #FED Chair Jerome #Powell l says he "expects 2023 to be a year of significant decline in inflation."💲
#crypto2023
#pumpanddump

Hot News on Cryptocurrency: Bitcoin and Ether Prices Soar on Powell's Inflation Comment and more.
$BTC - 23905.5$
$ETH - 1674.85$

#Btc #ETH #crypto2023 #bearorbull #Powell

🇺🇸 SUMMARY OF FED CHAIR POWELL'S STATEMENT (7/31/24):

No decision has been made regarding a September rate cut 📝

Attentive to risks on both sides of the dual mandate ⚖️

Fed will assess incoming data for future decisions 📊

Q2 inflation readings have added confidence on inflation 📈

Reducing rates too late could unduly weaken economy 📉

Still need greater confidence on inflation 🏦

Stay tuned for more updates and follow for the latest financial news! 📊💼

#Fed #Powell #InterestRates #Economy

Is an emergency interest rate reduction meeting coming from the Fed?
The declines in world markets since Friday have accelerated on Monday. Cryptocurrencies also get their share of what happened, while the US media writes that the Fed can take an "emergency meeting" decision before September 18 and reduce interest rates.

While the fear that the US economy was dragged or entered into the recession was reflected in the markets as sharp declines, traders began to wait for the Fed to cut interest rates before the September decision through an 'urgent meeting'.

60 percent interim meeting expectation was created
According to the news of Yahoo Finance, while the fears of high inflation are replaced by recession concerns, it is thought that US growth will be stopped until the Fed starts its interest rate cuts. The news also reported that traders expected an emergency meeting and early discounts at about 60%.
50 basis points seem to be certain

Investors expect the Fed to go to an interest rate cut of at least 50 basis points in September, even if there is no 'interim meeting'. According to the Fed Watch Tool chart, which holds the pulse of futures markets, investors expect a discount of 50% basis points at 94.5% and 25 basis points from the September 18 meeting (for now).

Bond yields are falling rapidly

The decreases also increased bond purchases. The markets are experiencing the largest bond rally since last year's banking crisis. Known for its sensitivity to Fed policies, the return on 2-year U.S. Treasury bonds fell 0.5% and fell to 3.9%. Considering that the Fed's interest rates are between 5.25% and 5.5%, this rate remains quite low. Drops in German bonds also reached the peak of the last 7 months.

'The economy continues to slow down'
Tracy Chen, portfolio manager at Brandywine Global Investment Management, said:

“The market has begun to worry that the Fed is now late and that the economy has evolved from a soft descent to a hard descent. I think the economy will continue to slow down. Therefore, bond investment seems to make sense for now.”
#Powell

BREAKING🚨FED PAUSES RATES AT 5.5%
#fomc #Powell #BTC

Important Developments to Happen This Week (GMT+3)

Wednesday

▫️FED Interest Rate Decision - 21:00 (Expected 25 basis points increase)

▫️Fed Chairman Powell's Press Statement - 21:30

Thursday

▫️Arbitrum will airdrop its newly issued $ARB token.

#Fed #Powell #arbitrum #arb

#USDC the 2nd largest #stablecoin is no longer stable. It depegged from the U.S. dollar and is now trading at 91 cents. A portion of its reserves were held in a non-insured account at #SVB .Just one domino of many that are about to topple. I triple dog dare #Powell not to pivot.

#Powell claims the #Fed isn't doing QE because it's not printing money and buying bonds specifically to lower long-term interest rates. Therefor, its asset purchases don't qualify as QE. When the Fed does QE when it wants to its QE, but when it does it because it has to it's not.

Powell has long said, “Our inflation target is 2%.

"We'll do whatever it takes," he said.

It was incredibly ironic that he printed 300B$ in one week to bail out #bankruptcy banks. And today #Powell 's statements will be very critical for the markets.


#BTC #Binance #ETH

📰Fed Başkanı Jerome #Powell :

•Para politikasında ayarlama yapma zamanı geldi.
•Fiyat istikrarına doğru daha fazla ilerleme kaydederken güçlü işgücü piyasasını desteklemek için elimizden gelen her şeyi yapacağız.
•Şu anki koşullar öncekilere göre çok daha normal durumda.
•İşgücü piyasasında daha fazla soğuma arayışında değiliz ve bunu memnuniyetle karşılamalıyız.
•Enflasyonun %2 hedefine dönüş yolunda olduğuna daha fazla güveniyorum.
•Enflasyon önemli ölçüde azaldı, hedefe çok daha yakınız.

#FED #CryptoMarketMoves #PowellAtJacksonHole #SahmRule $BTC $BSW $ETH

Yakın geçmişteki düşüşler ayı tuzağıydı. #Powell faiz indirim sürecinin startını verdi. $BTC $62.000 direncini kırarak $70.000 yolculuğuna başladı.

Ralliye hazır olun 💪🏻

#btc #BullMarket2025

Evercore analistleri Jackson Hole konuşmasında #Powell 'ın 50bp indirime açık olduğu mesajını vereceğini düşünüyor. #FED #crypto

#BinaceSquareCreatorAward
Federal Reserve Chair Jerome Powell expressed confidence that inflation will return to the Fed's 2% target during a recent address.
Powell acknowledged that the process of reducing inflation has been slower than anticipated but emphasized the Fed's commitment to achieving this goal.

He noted that while inflation has decreased from its peak, it remains above the desired level, requiring ongoing attention.
The Fed has been implementing a series of interest rate hikes to curb inflation, and Powell suggested that further monetary tightening could be necessary to ensure inflation trends down to 2%. He also highlighted the importance of balancing these measures to avoid causing undue harm to the economy.

Powell's remarks signal the Fed's ongoing vigilance in managing inflation and maintaining economic stability.#PowellSpeech #Powell #FederalReserve

#fomc
⚡️The most significant day is today
Forecast 5.5%
all eyes on #Powell to see if rates are lowered beginning in 2024 or not
⚡️Check bio for more information
$BTC  $41200.

📊 Federal Reserve Update: Interest Rates Unchanged

The Federal Reserve has decided to maintain the interest rate at 5.25-5.50%. They observed a strong economic growth trajectory with slight improvements in inflation. Future decisions will be guided by forthcoming economic data.

#Powell #IntroToCopytrading #FOMCMeetingResults #EconomicOutlook #Write2Earn! $BTC $ETH $BNB

Focus on the Upcoming Fed Decision and Powell's Speech

- This week, all eyes are on the American Central Bank (Fed) as they are set to announce their interest rate decision and Powell's speech on November 1st at 21:00 (TSI).

- According to CME data, there is a 98% certainty that the Fed will keep interest rates in the range of 5.25% to 5.50%, with only around 2% of investors expecting a rate cut.

Powell's Recent Remarks

- Powell previously mentioned in a speech at the New York Economic Club that tight financial conditions might be necessary, but due to rising market interest rates, the Fed might need to take fewer actions.

Importance of Powell's Upcoming Speech

- Powell's speech during the FOMC press conference at 21:30 is of great importance, as it will provide insights into the Fed's future actions.

Crypto Markets

- The spot Bitcoin ETF approval expectation has created a positive atmosphere in the cryptocurrency markets.

- Bitcoin's dominance in the market has reached 54%, marking a 1.5-year high, and October is expected to close with gains.

- On November 1st, Microstrategy, a well-known company in the Bitcoin investment space, will release its earnings report.

This week promises significant developments in both traditional financial markets and the cryptocurrency space, making it an exciting time for investors and traders alike.

#Powell #bitcoin #btc #MicroStrategy #Fed

TODAY 🇺🇸 US CPI DATA:

🔸PREVIOUS - 3.2%

🔸FORECAST - 3.4%

🔸ACTUAL - 3.5%

POWELL SPEECH: DONE

#BullorBear #cpi #CPI_DATA #Powell #BTC、 $BTC

Powell: 🇺🇲

Someone said to me in the elevator today, "lower rates." I thanked him too.

#Powell #rates #fed #usa #JeromePowell