📱FED'S POWELL STRIKES A CAUTIOUS TONE:

Jerome Powell highlighted growing challenges for the Federal Reserve:

1. Tariffs are increasing price pressures📈

2.Recent data (before the government shutdown) hinted that U.S growth might be stronger than expected đŸ’Ș

3.But if the shutdown continues, the Fed could miss key economic data, making policy decisions harder.

4.Powell also noted a slight tightening in money markets, signaling rising financial pressure 💰

IN SHORT:

The is in a tight spot_inflation risks remain, data is delayed & markets are reacting carefully.

#Powell

#CryptoNewss

#Fed