Traders seemed eager to hear about rate cuts, despite Powell not mentioning them. His message was clear, inflation progress is not guaranteed, policy must remain tight, and the data will drive the decisions. He appears to be waiting on the markets to start moving, while the markets moved on policy restrictions. Powell signaled the markets to ease patience, while he worried about inflation. The disconnect between Powell and the traders calls for a period of volatility before any trend can be established.
Tokens with big potential :
INX
Alpha
0.01153
-0.72%
SENT
Alpha
0.030771
+5.62%
FIDA
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