** Powell’s Speech Like a 🔥 Bullish Spark for Markets**
$BTC
Now we see the scope:
** Powell hinted at a rate cut as early as September**, citing mounting downside risks to the labor market despite manageable inflation Financial TimesReuters.
Markets cheered — the S&P 500 jumped ~1.3–1.6%, the Dow surged ~2%, while Treasury yields fell and the dollar softened Financial TimesAP NewsInvestors.
** Quick take: Markets = 🚀 Bullish reaction.**
#JeromePowell #Fed #Apnews #altsesaon
$BTC
Now we see the scope:
** Powell hinted at a rate cut as early as September**, citing mounting downside risks to the labor market despite manageable inflation Financial TimesReuters.
Markets cheered — the S&P 500 jumped ~1.3–1.6%, the Dow surged ~2%, while Treasury yields fell and the dollar softened Financial TimesAP NewsInvestors.
** Quick take: Markets = 🚀 Bullish reaction.**
#JeromePowell #Fed #Apnews #altsesaon