Markets Watching Jerome Powell Closely Today
With the U.S. dollar recently sliding and over 97% chance of rates staying unchanged, investors are focused on Powell’s speech for hints about the Fed’s next move. His tone could set the direction for stocks, crypto, and global markets.
Why a weaker dollar matters:
• Reduces financial stress in markets
• Improves chances of future rate cuts
• Supports Bitcoin, stocks, and risk assets
• Helps U.S. exports stay competitive
• Makes government debt easier to manage
📈 If Powell sounds dovish, markets could see a relief rally.
📉 If hawkish, volatility may return fast.
Stay alert today’s speech could move the market.
