Jerome Powell's statement
Jerome Powell spoke in a calm and steady tone aimed at reassuring the market and urging it to remain calm. He stated that the key indicators for employment and inflation have not changed much since September, which means that the Federal Reserve sees no reason to rush into new actions.
He clarified that the pre-government shutdown data showed greater resilience in the economy than expected, and that inflation measured by the core personal consumption expenditure index is still around 2.8%—a slightly concerning level but not cause for panic. He also pointed out that tariffs have begun to raise prices on some goods, which could slow the decline in inflation and keep price pressures in place for a longer period.
In focused terms, Powell said: "Nothing big has changed, but we are monitoring everything closely." This sentence summarizes the Federal Reserve's approach now: no rush to celebrate a complete victory over inflation and no panic driving hasty decisions.
The result for the market and the economy is a conscious balance: a cautious monetary policy, careful monitoring of data, and readiness to react if necessary. In an environment dominated by uncertainty, this mix of patience and caution may be the best guarantee for stability in growth, jobs, and control of inflation.
In short, Powell gave the markets what they need now: clarity, consistency, and reassurance backed by careful monitoring—keeping the door open for all possibilities without creating waves of anxiety.$BTC
