⬅️ Summary of Federal Reserve Chair Powell's Remarks:
🏅 Monetary policy is not on a predetermined path.
🏅 Economic growth is expected to be 1.6% this year and 1.8% next year.
🏅 Unemployment is stable at 4.5%.
🏅 This year's inflation has mostly come from rising commodity prices.
🏅 Price increases due to tariffs will continue this year and next.
🏅 The Fed is committed to a 2% inflation goal and the optimal utilization of the labor market.
🏅 The supply and demand for labor has dropped sharply, and the market is no longer strong.
🏅 Interest rates will stabilize at 3.6% this year.
🏅 There was no broad support for a 50 basis point cut today.
🏅 The interest rate has now been cut by 0.25%.
⸻
📊 Forecasts:
•✅ U.S. stocks: Short-term positive support with interest rate cuts.
•✅ Crypto / #Bitcoin: The biggest beneficiaries of improved liquidity and reduced monetary tightening.
•✅ Gold and silver: Continue to benefit as a hedge against inflation and tariffs, but with momentum quieter than crypto.
�
