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$PIPPIN 🙄🚨 0.18000 🤔
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$BNB 😊😲🎉 SUMMARY OF JEROME POWELL'S SPEECH Rates: "we are ready to act" Powell confirmed that the Fed is ready to lower the interest rate if the economy shows weaker signals. But he emphasized: a sharp cycle of reductions should not be expected — everything will depend on the data. Inflation: "there is progress, but cautiously" The Fed sees a steady slowdown in inflation; however, Powell noted that: "We have not yet achieved full confidence." That is - inflation is decreasing, but the Fed does not want to prematurely ease policy. US economy: "remains strong" Powell emphasized that the economy continues to grow, the labor market remains strong, and the risk of recession has decreased. Financial conditions: easing has already begun He acknowledged that financial conditions in the US are already noticeably easing on their own - the market is effectively already pricing in future rate cuts. Crypto context (important subtext!) Powell confirmed that banks can freely work with Ethereum if they comply with oversight - a very bullish signal for ETH and the tokenization sector. The main point of the speech: The Fed keeps the door open for rate cuts but wants to wait for more confident data. This is a moderately bullish signal for the markets: there is no fear, but also no premature 'cheap dollar'. For the crypto market: BTC / ETH received a neutral-positive backdrop Institutions are getting the green light for ETH The market is still in wait mode for December data (CPI + FOMC meeting) $BTC $ETH #FederalReserve #CryptoNews #Bitcoin #Ethereum #BNB #JeromePowellSpeech
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$SPK WoW
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$SPK Strength and return, the whale is watching its production. 🐳🚀 $0.15
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