#PowellRemarks #PowellRemarks đŠđïž
Fed Chair Jerome Powell held rates steady at 4.25â4.50%, warning inflation may stay âmeaningfulâ in coming months and tariffs could sustain price pressure đ. His tone was hawkish, delaying any cuts until September or later âł . Stocks waveredâS&P flat, Nasdaq +0.1%, crypto edged lower as risk assets reacted to tightening sentiment . Powell also said crypto competes with gold, not the dollar, and banks may offer crypto services if âsafe & soundâ âïž .