Will He Or Won't He?! Powell Testimony Has The Answers!

Will He Or Won’t He?! Powell Testimony Has The Answers!

By Guy

Hey Guys,

The recent banking crisis has investors expecting the Fed to stop raising interest rates or even lower interest rates. It seems these folks didn’t pay attention to what Jerome Powell said across over 5 hours of testimony to US politicians last week.

The Fed is intent on raising interest rates and keeping them higher for longer until either inflation comes down or unemployment starts to rise. Potential issues in the US government debt market are another thing the Fed is watching, of course.

Well, inflation is still running hot at 6%, unemployment is still below 4%, and the US government debt market is working fine. This suggests that the Fed will keep at it despite the recent banking crisis. Jerome’s recent comments reveal a bit about crypto too.

I covered this all in my recent video on his testimony.

Enjoy!

~~~~~

⛓️ 🔗 Useful Links 🔗 ⛓️

► Jerome Powell Senate Testimony: https://www.youtube.com/live/18a_-nAg…

► Jerome Powell House Testimony: https://www.youtube.com/live/u84uAdQC…

~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

 

Related videos

Crypto Crackdown Hearing!! Here's What's Going On!
Crypto Crackdown Hearing!! Here’s What’s Going On!
Crypto Crackdown Hearing!! Here's What's Going On!

Crypto Crackdown Hearing!! Here’s What’s Going On!

March 22, 2023 2 min read
Crypto News- Bitcoin Rally, Bank Failures, ETH Update & More!
Crypto News: Bitcoin Rally, Bank Failures, ETH Update & More!
Crypto News- Bitcoin Rally, Bank Failures, ETH Update & More!

Crypto News: Bitcoin Rally, Bank Failures, ETH Update & More!

March 20, 2023 2 min read
The man behind the crypto crackdown
The Man Behind The Crypto Crackdown!! What’s Coming?!
The man behind the crypto crackdown

The Man Behind The Crypto Crackdown!! What’s Coming?!

March 19, 2023 2 min read
Smart Cities- How The Elites Plan To Control Us!!
Smart Cities: How The Elites Plan To Control Us!!
Smart Cities- How The Elites Plan To Control Us!!

Smart Cities: How The Elites Plan To Control Us!!

March 18, 2023 2 min read
The Banks Are FAILING!! SVB Collapse & Everything It Means!!
The Banks Are FAILING!! SVB Collapse & Everything It Means!!
The Banks Are FAILING!! SVB Collapse & Everything It Means!!

The Banks Are FAILING!! SVB Collapse & Everything It Means!!

March 14, 2023 2 min read
Crypto News- SVB Collapse, USDC, ETH, SEC, Fed & MORE!
Crypto News: SVB Collapse, USDC, ETH, SEC, Fed & MORE!
Crypto News- SVB Collapse, USDC, ETH, SEC, Fed & MORE!

Crypto News: SVB Collapse, USDC, ETH, SEC, Fed & MORE!

March 13, 2023 2 min read
CBDCs Almost HERE! Why This Really Worries Me!
CBDCs Almost HERE! Why This Really Worries Me!
CBDCs Almost HERE! Why This Really Worries Me!

CBDCs Almost HERE! Why This Really Worries Me!

March 12, 2023 2 min read