News Flash: Powell says Federal Reserve can wait on any interest rate moves 💥

Federal Reserve Chair Jerome Powell said the Fed can wait before making any changes to interest rates. He explained that due to the uncertainty caused by President Trump's tariffs, which might raise inflation and slow economic growth, it’s better to wait for clearer signs before acting. Powell emphasized that the Fed's main goal is to keep inflation under control while supporting jobs, but right now, the situation is unclear. This pause means interest rates will likely stay the same for a while as the Fed watches how the economy reacts to these new trade policies.

One take is that Powell's decision to pause interest rate hikes can have a significant impact on the crypto market. When the Federal Reserve keeps rates steady, it often signals a stable economic outlook, which can boost investor confidence in riskier assets like cryptocurrencies. Lower or unchanged interest rates make traditional investments like savings accounts less attractive, encouraging investors to seek higher returns in crypto and other alternative assets. Additionally, a pause can prevent a sudden sell-off that might happen if rates were increased, helping to stabilize or even push crypto prices higher. Overall, Powell’s stance may create a more favorable environment for crypto growth, as investors look for opportunities outside traditional markets in a time of economic uncertainty.

Time will tell when the rate cuts are ready to come in and let free money printing start. 😉🐝💸🤑💲💯