Powell: Economy Not Overheating as Fed Maintains Dual Mandate and Signals Hawkish Rate-Cut Stance
COINOTAG News reports that Informa Global Markets weighed in on Fed Chair Powell’s latest remarks. Analysts view the ‘hawkish rate cut’ as a market narrative rather than a policy pivot, suggesting cautious action ahead. Powell noted a tension with the Fed’s dual mandate, but signaled little substantive change since the prior meeting, keeping the monetary policy path intact. For crypto traders, the message is a steady liquidity backdrop and data-driven guidance as inflation and growth signals unfold.
ForexLive highlighted the press conference quote: ‘The current economy is not like an overheated economy that triggers wage-driven inflation.’ The remark points to a cautious pace for policy normalization. In crypto circles, such guidance supports a tempered risk appetite and steadier valuations, as investors gauge how the Fed’s tightening cadence could impact funding conditions and liquidity in digital assets.