#PowellWatchb

⏰ The speech will be at 17:00 Lebanon/Saudi Arabia time

Global anticipation and decisive scenarios for markets and cryptocurrencies 💹

All eyes today (Friday) are on Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole Economic Conference. Will Powell hint at a rate cut? Or will he choose a hawkish tone against inflation? Or will he prefer to hold off and remain neutral?

🔈 Recent data and statements from Federal Reserve officials have caused confusion in the markets after talk of a possible rate hold until 2026

🚫 Over the months, meetings, and previous speeches, Jerome Powell has been stalling and using data and caution as an excuse not to cut rates, contrary to and challenging what President Donald Trump demands, who always describes Powell as slow and foolish.

✍ The speech's impact will not be limited to monetary policy, but will extend to foreign exchange markets, bonds, and stocks, in addition to cryptocurrencies that are cautiously watching developments.

⭕️ Any indication of a rate cut could support high-risk assets like Bitcoin and Ethereum.

⭕️ On the other hand, a hawkish tone would push investors towards safe havens like the dollar and gold.

🔥 Additionally, Trump confirmed that a new Fed chair will be appointed when Powell's term ends in May 2026.