POWELL
75,869 views
28 Discussing
Hot
Latest
Crypto Market Drops 16% Since Fed Cut Rates: Rising U.S. Treasury Yields
This $500 billion, or 13.6%, loss in barely a week shows how increasing U.S. Treasury rates tighten financial conditions and crush speculative assets like cryptocurrency. We examine how and why this is occurring.
The Federal Reserve lowered its benchmark federal funds rate by 0.25% at its December 17-18 meeting to 4.25%–4.50%. This may appear dovish, but the FOMC statement and economic predictions issued at 2:00 p.m. ET on December 18 were cautious. In the FOMC statement, the Fed noted that inflation remained high, especially in services, and maintained its long-term aim of 2% inflation. The FOMC's median prediction for the federal funds rate by 2025 is 3.9%, indicating that tight monetary policy will need to last longer than expected.
Projections issued with the announcement clarified the Fed's position. The “dot plot” revealed that policymakers expect just two more rate cuts in 2025, lowering the federal funds rate to 3.9% by year-end. The Fed now expects tight monetary policy to last longer than projected, a major change from the September 2024 meeting, when four cuts were expected.
The newest data shows sustained inflationary pressures, supporting the Fed's caution. The Bureau of Economic Analysis' November 2024 “Personal Income and Outlays” report showed that annual core PCE inflation—the Fed's favored measure—remained constant at 2.8%, surprising forecasts of a drop. This was the seventh month of core PCE inflation over 2.5%.
The bond market responded strongly to Fed message. The 10-year Treasury note yield jumped from 4.40% on December 17 to 4.56% on December 23. Rising yields indicate market reevaluation of monetary policy, inflation, and economic development.
Financial conditions tighten with higher Treasury rates. Cryptocurrencies flourish amid plentiful liquidity, but increasing rates diminish liquidity as investors choose safer, higher-yielding fixed-income assets.
#ChristmasMarketAnalysis #Powell #MicroStrategyInNasdaq100 $BTC $ETH $XRP
This $500 billion, or 13.6%, loss in barely a week shows how increasing U.S. Treasury rates tighten financial conditions and crush speculative assets like cryptocurrency. We examine how and why this is occurring.
The Federal Reserve lowered its benchmark federal funds rate by 0.25% at its December 17-18 meeting to 4.25%–4.50%. This may appear dovish, but the FOMC statement and economic predictions issued at 2:00 p.m. ET on December 18 were cautious. In the FOMC statement, the Fed noted that inflation remained high, especially in services, and maintained its long-term aim of 2% inflation. The FOMC's median prediction for the federal funds rate by 2025 is 3.9%, indicating that tight monetary policy will need to last longer than expected.
Projections issued with the announcement clarified the Fed's position. The “dot plot” revealed that policymakers expect just two more rate cuts in 2025, lowering the federal funds rate to 3.9% by year-end. The Fed now expects tight monetary policy to last longer than projected, a major change from the September 2024 meeting, when four cuts were expected.
The newest data shows sustained inflationary pressures, supporting the Fed's caution. The Bureau of Economic Analysis' November 2024 “Personal Income and Outlays” report showed that annual core PCE inflation—the Fed's favored measure—remained constant at 2.8%, surprising forecasts of a drop. This was the seventh month of core PCE inflation over 2.5%.
The bond market responded strongly to Fed message. The 10-year Treasury note yield jumped from 4.40% on December 17 to 4.56% on December 23. Rising yields indicate market reevaluation of monetary policy, inflation, and economic development.
Financial conditions tighten with higher Treasury rates. Cryptocurrencies flourish amid plentiful liquidity, but increasing rates diminish liquidity as investors choose safer, higher-yielding fixed-income assets.
#ChristmasMarketAnalysis #Powell #MicroStrategyInNasdaq100 $BTC $ETH $XRP
Debby Scee SANN:
)
See original
Cryptocurrency investors are eagerly waiting for Trump to take office as the US President.
Trump announced that he will make #Bitcoin a reserve currency. The person who will take office as the US President on January 20 openly says that he will make #BTC a reserve currency.
Despite this; On Wednesday evening, FED Chairman #Powell was asked whether Bitcoin would be used as a reserve currency.
Powell said; "There is no such law. Therefore, we cannot do it. We are not looking for a law."
Cryptocurrencies also experienced major declines after these words. Investors are waiting for Trump to come. We think that Trump will do what is necessary. We must be prepared for every scenario until Trump comes...
#BTCNextMove #BinanceAlphaAlert $BTC $BNB
Trump announced that he will make #Bitcoin a reserve currency. The person who will take office as the US President on January 20 openly says that he will make #BTC a reserve currency.
Despite this; On Wednesday evening, FED Chairman #Powell was asked whether Bitcoin would be used as a reserve currency.
Powell said; "There is no such law. Therefore, we cannot do it. We are not looking for a law."
Cryptocurrencies also experienced major declines after these words. Investors are waiting for Trump to come. We think that Trump will do what is necessary. We must be prepared for every scenario until Trump comes...
#BTCNextMove #BinanceAlphaAlert $BTC $BNB
小二来韭菜盒子一个:
Ha ha
Why The Crypto Market Dumped? 📉🔻
➢ #FedRateCuts estimates down to 2 in 2025 (earlier it was 3)
➢ Jerome Powell hints towards restrictive monetary policy (less printing, fewer rate cuts).
➢ The #fed 's main goal is still 2% inflation, which can only be achieved through high interest rates.
Overall, #Powell crashed the market 😕📉
➢ #FedRateCuts estimates down to 2 in 2025 (earlier it was 3)
➢ Jerome Powell hints towards restrictive monetary policy (less printing, fewer rate cuts).
➢ The #fed 's main goal is still 2% inflation, which can only be achieved through high interest rates.
Overall, #Powell crashed the market 😕📉
See original
🚨 Powell Eliminates Bitcoin! 💥
🇺🇸 Fed Chairman Jerome Powell made statements that moved global markets:
1️⃣ No Bitcoin as a reserve: The Fed ruled out adopting BTC as an official asset.
2️⃣ Interest rate cuts? Only 2 times in 2025, frustrating expectations of 3 cuts.
3️⃣ Persistent inflation: Powell said it could take up to 2 years to reach the 2% target, and there is a risk of another hike in 2025.
📉 Market impact:
Bitcoin reacted negatively, falling below critical risk aversion levels.
The S&P 500 and more traditional assets also experienced volatility.
The crypto market, which was expecting a more optimistic scenario with aggressive cuts, saw profit-taking from investors.
📊 Opportunity or warning sign?
As the Fed adopts a more cautious tone, the market could adjust its bets. Is Bitcoin’s inflation hedge narrative under control?
💬 And do you think this decline is just a scare or a new trend? 👇#Bitcoin #Powell #Binance
🇺🇸 Fed Chairman Jerome Powell made statements that moved global markets:
1️⃣ No Bitcoin as a reserve: The Fed ruled out adopting BTC as an official asset.
2️⃣ Interest rate cuts? Only 2 times in 2025, frustrating expectations of 3 cuts.
3️⃣ Persistent inflation: Powell said it could take up to 2 years to reach the 2% target, and there is a risk of another hike in 2025.
📉 Market impact:
Bitcoin reacted negatively, falling below critical risk aversion levels.
The S&P 500 and more traditional assets also experienced volatility.
The crypto market, which was expecting a more optimistic scenario with aggressive cuts, saw profit-taking from investors.
📊 Opportunity or warning sign?
As the Fed adopts a more cautious tone, the market could adjust its bets. Is Bitcoin’s inflation hedge narrative under control?
💬 And do you think this decline is just a scare or a new trend? 👇#Bitcoin #Powell #Binance
Square-Creator-23569a937052218f981a:
This loser is a plague on the global economy.
Not even #Powell or the entire world talking nonsense will make me sell. I’m not selling anything cheap. Not $WOJAK , not $PEPE , not $DOGE , not $ROSE , not $HBAR I’m not selling anything. That’s it.
#MarketCorrectionBuyOrHODL?
#MarketCorrectionBuyOrHODL?
Morning News Update #Web3
💬 #Powell : The Fed is not allowed to hold Bitcoin and has no intention of changing the law.
💰 Trump family project WLFI spends $250K on $ENA and converts 103 $cbBTC ($10.36M) to $WBTC.
💸 MicroStrategy plans to shift focus to fixed-income securities to fund further Bitcoin purchases.
📉 Crypto market cap drops below $3.65T with a 7.3% decline in 24h, $BTC dominance at 54.5%.
🔻 Pump.fun tokens slump, with $PNUT leading at a 21.4% 24h loss, trading at $0.8244.
#WLFI #MicroStrategy #Crypto🚀🚀
💬 #Powell : The Fed is not allowed to hold Bitcoin and has no intention of changing the law.
💰 Trump family project WLFI spends $250K on $ENA and converts 103 $cbBTC ($10.36M) to $WBTC.
💸 MicroStrategy plans to shift focus to fixed-income securities to fund further Bitcoin purchases.
📉 Crypto market cap drops below $3.65T with a 7.3% decline in 24h, $BTC dominance at 54.5%.
🔻 Pump.fun tokens slump, with $PNUT leading at a 21.4% 24h loss, trading at $0.8244.
#WLFI #MicroStrategy #Crypto🚀🚀
Powell's Shock Speech Sparks Market Bloodbath, Crypto Holds Steady
The S&P 500 witnessed its sharpest single-day decline since early 2020 following Powell’s remarks, erasing a staggering $1.8 trillion in market capitalization. This market shock comes as a harsh blow to hopes of a year-end rally, with investors digesting the Federal Reserve’s stance on interest rates. While the traditional markets are reeling, the cryptocurrency sector has shown surprising resilience under the current conditions, maintaining relatively stable levels despite widespread sell-offs.
With expectations of a “Santa Claus” rally effectively dashed, market sentiment remains fragile. Investors now eagerly await further developments, as Powell’s tone has fueled fears of prolonged economic pressure. Interestingly, political voices could enter the discussion soon, with speculations that figures like Trump may step in to challenge Powell’s approach to monetary policy. Traders should brace for heightened volatility across all asset classes as market uncertainty continues to dominate the headlines.
#donaldtrump #Powell #FedRateCut #FedRateDecisions
With expectations of a “Santa Claus” rally effectively dashed, market sentiment remains fragile. Investors now eagerly await further developments, as Powell’s tone has fueled fears of prolonged economic pressure. Interestingly, political voices could enter the discussion soon, with speculations that figures like Trump may step in to challenge Powell’s approach to monetary policy. Traders should brace for heightened volatility across all asset classes as market uncertainty continues to dominate the headlines.
#donaldtrump #Powell #FedRateCut #FedRateDecisions
Powell’s Shocking Speech Sparks Market Bloodbath, Cryptocurrencies Remain Stable
The S&P 500 suffered its sharpest single-day decline since early 2020, shedding a staggering $1.8 trillion in market capitalization. This market turmoil came in the wake of Federal Reserve Chair Jerome Powell’s remarks, signaling a prolonged hawkish monetary policy. For traditional markets, the day marked a true bloodbath, and hopes for a “Santa Claus rally” have been all but dashed.
Markets in Turmoil: Why the Extreme Reaction?
Powell’s comments suggested an extended period of high interest rates, triggering a wave of sell-offs in equity markets. Expectations for near-term rate cuts were harshly reevaluated, leaving investors grappling with the potential for prolonged economic pressure.
S&P 500: Recorded its largest single-day drop in almost four years.NASDAQ and Dow Jones: Also suffered significant losses.Bond Markets: Yields surged, adding further pressure to the tech sector.
🚀 Cryptocurrencies: A Surprising Beacon of Stability
While traditional markets were caught in a downward spiral, the cryptocurrency sector demonstrated remarkable resilience. Bitcoin maintained its price range, and altcoins remained relatively unaffected. This stability may indicate a growing perception of cryptocurrencies as a “safe haven” during periods of market turbulence.
Bitcoin (BTC): Held steady, showing less sensitivity to Fed decisions.Ethereum (ETH): Mirrored Bitcoin’s resilience, avoiding major losses.Stablecoins: Increased demand suggests that investors are preserving capital within the crypto ecosystem.
🌍 Geopolitics, Policy, and Hope for Crypto Advocates
Speculation is mounting about political figures, such as Donald Trump, stepping into the debate over Powell’s monetary policy. Trump, known for his pro-crypto stance, could shift the narrative toward digital assets as a viable alternative in a turbulent economic landscape. His influence might reignite optimism among crypto investors, making this factor potentially more significant than the Fed's temporary hawkishness.
It’s important not to succumb to fear. While traditional markets react sharply to Powell’s comments, some analysts view the situation as a potential manipulative shakeout, designed to reset market dynamics. Cryptocurrencies’ resilience during this period could underline their growing independence from traditional financial pressures.
📊 What to Expect Next?
Increased Volatility: Expect heightened fluctuations across traditional and crypto assets.Fed’s Next Moves: Upcoming meetings and macroeconomic data will be pivotal.Focus on Crypto’s Role: Political discussions and Trump’s influence may provide a tailwind for digital asset adoption.
Conclusion
Powell’s hawkish stance serves as a stark reminder of the Federal Reserve’s influence on market dynamics. While traditional markets reel, cryptocurrencies have showcased resilience, potentially signaling a growing interest in this asset class during uncertain times. With pro-crypto voices like Trump entering the conversation, the long-term outlook for digital assets could be brighter than ever.
Help me reach my first 1k followers! ⭐
Follow for more crypto insights, altcoin tips, and blockchain trends!
$DOT $NEAR $DOGE
#powell #altcoins #crypto
Markets in Turmoil: Why the Extreme Reaction?
Powell’s comments suggested an extended period of high interest rates, triggering a wave of sell-offs in equity markets. Expectations for near-term rate cuts were harshly reevaluated, leaving investors grappling with the potential for prolonged economic pressure.
S&P 500: Recorded its largest single-day drop in almost four years.NASDAQ and Dow Jones: Also suffered significant losses.Bond Markets: Yields surged, adding further pressure to the tech sector.
🚀 Cryptocurrencies: A Surprising Beacon of Stability
While traditional markets were caught in a downward spiral, the cryptocurrency sector demonstrated remarkable resilience. Bitcoin maintained its price range, and altcoins remained relatively unaffected. This stability may indicate a growing perception of cryptocurrencies as a “safe haven” during periods of market turbulence.
Bitcoin (BTC): Held steady, showing less sensitivity to Fed decisions.Ethereum (ETH): Mirrored Bitcoin’s resilience, avoiding major losses.Stablecoins: Increased demand suggests that investors are preserving capital within the crypto ecosystem.
🌍 Geopolitics, Policy, and Hope for Crypto Advocates
Speculation is mounting about political figures, such as Donald Trump, stepping into the debate over Powell’s monetary policy. Trump, known for his pro-crypto stance, could shift the narrative toward digital assets as a viable alternative in a turbulent economic landscape. His influence might reignite optimism among crypto investors, making this factor potentially more significant than the Fed's temporary hawkishness.
It’s important not to succumb to fear. While traditional markets react sharply to Powell’s comments, some analysts view the situation as a potential manipulative shakeout, designed to reset market dynamics. Cryptocurrencies’ resilience during this period could underline their growing independence from traditional financial pressures.
📊 What to Expect Next?
Increased Volatility: Expect heightened fluctuations across traditional and crypto assets.Fed’s Next Moves: Upcoming meetings and macroeconomic data will be pivotal.Focus on Crypto’s Role: Political discussions and Trump’s influence may provide a tailwind for digital asset adoption.
Conclusion
Powell’s hawkish stance serves as a stark reminder of the Federal Reserve’s influence on market dynamics. While traditional markets reel, cryptocurrencies have showcased resilience, potentially signaling a growing interest in this asset class during uncertain times. With pro-crypto voices like Trump entering the conversation, the long-term outlook for digital assets could be brighter than ever.
Help me reach my first 1k followers! ⭐
Follow for more crypto insights, altcoin tips, and blockchain trends!
$DOT $NEAR $DOGE
#powell #altcoins #crypto
Square-Creator-e63ae97ffdb979fbc101:
Be on the right side of history. Imagine being on the wrong side in history for a better form of money that helps billions. It won't be a good legacy.
...what else to fight Powell
See original
Summary of 5 key points in Fed decisions
Interest Rate Cut and Policy Outlook:
The Federal Reserve has implemented its anticipated quarter-point rate cut, for a total of 100 basis points for the year. This marks the end of the Fed's policy adjustments, and Chairman Jerome
, suggests a more cautious approach from now on. Notably, Cleveland Fed President Beth Hammack, who just joined the FOMC, dissented in favor of keeping current rates. The dissent, the first from a regional chair since 2022, highlights the growing divisions within the committee, where inflation is proving harder to control than expected.
The Federal Reserve has implemented its anticipated quarter-point rate cut, for a total of 100 basis points for the year. This marks the end of the Fed's policy adjustments, and Chairman Jerome
, suggests a more cautious approach from now on. Notably, Cleveland Fed President Beth Hammack, who just joined the FOMC, dissented in favor of keeping current rates. The dissent, the first from a regional chair since 2022, highlights the growing divisions within the committee, where inflation is proving harder to control than expected.
See original
In contradiction to the statement of the FED chairman "We are not allowed to own $BTC " #Powell #DonaldJTrump
🍀🍀🍀 Important information after the FED cuts interest rates‼️‼️
President Donald Trump has officially confirmed the plan to establish a strategic reserve fund for the United States, marking a significant turning point in the country's monetary policy.
A. Detailed plan:
Shopping goal: According to the proposal by Senator Cynthia Lummis, the U.S. Department of the Treasury will buy 200,000 Bitcoin each year for 5 years, aiming to accumulate a total of 1 million Bitcoin, equivalent to about 5% of the total global supply.
A. Detailed plan:
Shopping goal: According to the proposal by Senator Cynthia Lummis, the U.S. Department of the Treasury will buy 200,000 Bitcoin each year for 5 years, aiming to accumulate a total of 1 million Bitcoin, equivalent to about 5% of the total global supply.
🚨 Bitcoin Drops 5% After Powell’s Words
After impressive last few days, $BTC faced a sudden 5% dip, triggered by Federal Reserve Chair Jerome Powell’s latest remarks. 🏦
Powell made it clear that the FED cannot hold Bitcoin reserves under current laws, putting a damper on speculation about a U.S. Bitcoin treasury.
This shift in sentiment followed the Fed’s interest rate cut, a move many thought would support riskier assets like cryptocurrencies. Instead, Powell’s comments introduced doubt, reminding markets of the challenges ahead for Bitcoin’s integration into national strategies.
Despite this, Bitcoin has proven resilient over the years, thriving independently of institutional backing. Moreover, today's news don't mean the reserve will never materialize – they only suggest more hurdles and a longer timeline ahead.
PriceCorrectionOrDip? #Powell
After impressive last few days, $BTC faced a sudden 5% dip, triggered by Federal Reserve Chair Jerome Powell’s latest remarks. 🏦
Powell made it clear that the FED cannot hold Bitcoin reserves under current laws, putting a damper on speculation about a U.S. Bitcoin treasury.
This shift in sentiment followed the Fed’s interest rate cut, a move many thought would support riskier assets like cryptocurrencies. Instead, Powell’s comments introduced doubt, reminding markets of the challenges ahead for Bitcoin’s integration into national strategies.
Despite this, Bitcoin has proven resilient over the years, thriving independently of institutional backing. Moreover, today's news don't mean the reserve will never materialize – they only suggest more hurdles and a longer timeline ahead.
PriceCorrectionOrDip? #Powell
See original
Powell vs. Bitcoin: Fed sets limits 🛑💡
Federal Reserve Chairman Jerome Powell said the Fed has no right to own Bitcoin. He added: "We're not going to change the law."
What does this mean? 🤔
The Fed remains aloof from crypto assets, even as Bitcoin is increasingly attracting interest from investors and companies.
This highlights that Bitcoin remains an independent, decentralized system that is not controlled by governments. 🚀
Why is this important?
1️⃣ Bitcoin's independence: Its strength is that it is not subject to governments or central banks. It is an asset of the people, not the system. 🕊️
2️⃣ Signal to the market: the lack of control by the Fed increases confidence in the cryptocurrency as "digital gold". 💰
Interesting question:
If even the Fed can't own Bitcoin, does that mean it's really that powerful and autonomous? Share your thoughts! 💬👇
#Bitcoin #Crypto #FederalReserve #Powell
$BTC
Federal Reserve Chairman Jerome Powell said the Fed has no right to own Bitcoin. He added: "We're not going to change the law."
What does this mean? 🤔
The Fed remains aloof from crypto assets, even as Bitcoin is increasingly attracting interest from investors and companies.
This highlights that Bitcoin remains an independent, decentralized system that is not controlled by governments. 🚀
Why is this important?
1️⃣ Bitcoin's independence: Its strength is that it is not subject to governments or central banks. It is an asset of the people, not the system. 🕊️
2️⃣ Signal to the market: the lack of control by the Fed increases confidence in the cryptocurrency as "digital gold". 💰
Interesting question:
If even the Fed can't own Bitcoin, does that mean it's really that powerful and autonomous? Share your thoughts! 💬👇
#Bitcoin #Crypto #FederalReserve #Powell
$BTC
See original
BREAKING NEWS: More than $1.5 trillion was wiped out of the US stock market today.
▪️A picture that proves that #Powell 's speeches are not innocent. If you pay attention, a situation like this happens every 2-3 months.
Everything is happening right before our eyes, but we are always caught off guard!
#Bitcoin #Ethereum #PowellSpeech PriceCorrectionOrDip? $BTC
▪️A picture that proves that #Powell 's speeches are not innocent. If you pay attention, a situation like this happens every 2-3 months.
Everything is happening right before our eyes, but we are always caught off guard!
#Bitcoin #Ethereum #PowellSpeech PriceCorrectionOrDip? $BTC
See original
Crypto investors are experiencing FED excitement. Last 4 hours for the FED interest rate decision. Then FED Chairman Powell will make statements.
The expectation is for a 25 basis point interest rate cut. The days when the FED interest rate decision is exciting for the markets.
BTC price is falling before the FED decision. Altcoins are falling deeper. The declines in altcoins such as TRX, TON, SOL, AVAX, LUNC exceeded 5%.
There are also declines in important altcoins such as $BNB and $ETH. There will be movement in the market after the FED decision.
If an interest rate cut above expectations comes, this will be priced very positively. Otherwise, it won't be good for the markets...
#Powell #FED #Ethereum #BTCNewATH #BinanceAlpha $BTC
The expectation is for a 25 basis point interest rate cut. The days when the FED interest rate decision is exciting for the markets.
BTC price is falling before the FED decision. Altcoins are falling deeper. The declines in altcoins such as TRX, TON, SOL, AVAX, LUNC exceeded 5%.
There are also declines in important altcoins such as $BNB and $ETH. There will be movement in the market after the FED decision.
If an interest rate cut above expectations comes, this will be priced very positively. Otherwise, it won't be good for the markets...
#Powell #FED #Ethereum #BTCNewATH #BinanceAlpha $BTC
See original
#Fed We now know for sure that the fed will start a cycle of interest rate cuts in September with the message from the president #powell that it is time to cut interest rates.
#Bitcoin We have priced this news in and we can assume that a rise in bitcoin prices is inevitable until the elections in November.
#ETH🔥🔥🔥🔥 Therefore, it may take a little longer for this money to enter the #altocoins s.
$BTC
$ETH
#Bitcoin We have priced this news in and we can assume that a rise in bitcoin prices is inevitable until the elections in November.
#ETH🔥🔥🔥🔥 Therefore, it may take a little longer for this money to enter the #altocoins s.
$BTC
$ETH
See original
The announcement of a 50 basis point discount on the #Fed interest rate decision that took place today by #powell caused the dovish talk to stir up the market.
This time this movement is not fake because 3 father coins have taken the offensive. $SEI , $SUI and $SAGA It is promising that 3 strong projects that I trust have risen in this way. The next 40 days seem to be blazing hot.
This does not mean that the bull has started, it is just the recovery of the market that has been crushing us for 5 months. So keep some cash in your hand just in case.
But #BTC 30k dreams have been left in someone's mouth 😎
So which coins will your wallet recover quickly if the rally stops?
Enjoy.
This time this movement is not fake because 3 father coins have taken the offensive. $SEI , $SUI and $SAGA It is promising that 3 strong projects that I trust have risen in this way. The next 40 days seem to be blazing hot.
This does not mean that the bull has started, it is just the recovery of the market that has been crushing us for 5 months. So keep some cash in your hand just in case.
But #BTC 30k dreams have been left in someone's mouth 😎
So which coins will your wallet recover quickly if the rally stops?
Enjoy.
See original
❤️🔥 FED COMMENT: IMPACT ON MARKETS 🚨
Powell is afraid that if we cut interest rates, the dollar will suddenly lose strength and inflation will rise sharply, so he still makes evasive evasions in his statements.
He thinks about how he can handle the situation further by saying that we will not change the current policy, interest rates remain stable, we will re-evaluate according to the incoming data. As long as it behaves this way, banks will be in trouble as a result!
#bitcoin #fed #powell #binance
Powell is afraid that if we cut interest rates, the dollar will suddenly lose strength and inflation will rise sharply, so he still makes evasive evasions in his statements.
He thinks about how he can handle the situation further by saying that we will not change the current policy, interest rates remain stable, we will re-evaluate according to the incoming data. As long as it behaves this way, banks will be in trouble as a result!
#bitcoin #fed #powell #binance