Powell Holds Fire: Fed Won’t Cut Rates Until Inflation Cracks—Markets on Edge
Jerome Powell plays the waiting game—again. The Fed chair doubled down on his 'data-dependent' mantra, signaling no rate cuts until inflation shows real surrender. Traders itching for cheap liquidity? Keep waiting.
### The Fed's High-Stakes Inflation Standoff
Powell’s poker face remains unreadable. With CPI still punching above the 2% target, the central bank won’t blink first. 'We need more confidence,' he said—translation: markets eat volatility for breakfast while the Fed dines on cold patience.
### Markets Left Guessing (Again)
Futures wobbled post-announcement. Rate-sensitive tech stocks? A collective gulp. Crypto traders, ever the optimists, shrugged—BTC barely flinched. Because when has macro ever stopped a degenerate bull run?
### The Cynic’s Corner
Wall Street’s latest mantra: 'Hope is not a strategy.' Unless you’re the Fed, where it’s literally the playbook. Powell’s 'monitoring' means Main Street burns while bankers get 5% risk-free yields. Classic.
