🚨 Key statements from Jerome Powell – Chairman of the US Federal Reserve

📉 The Fed decides to cut interest rates by a quarter of a percentage point to between 4.00% – 4.25%.

🔥 Inflation is still above the target of 2%, with a slight increase recorded last month.

👷‍♂️ The labor market shows weakness: a decline in jobs and an increase in unemployment.

🔮 Forecasts: Further cuts are expected twice more before the end of 2025, with a total reduction that could reach 50 basis points.

⚖️ A division within the Monetary Policy Committee regarding the appropriate size of the cut.

📊 Powell confirms: future decisions will depend on economic data (inflation – employment – risks).

📌 The summary that concerns us from his statements is that we will see two more interest rate cuts before the end of the year, which will of course be a positive thing for alternative markets, especially the crypto market.

However, the most important thing now is to remain vigilant and extremely cautious, as during times of major news, the volatility in the market can be high and the risk elevated.

Good luck to everyone 🌹

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