Jackson Hole Countdown: Powell’s Final Speech Weighs Heavily on Crypto
As Jerome Powell gears up for his last speech at Jackson Hole, the crypto market is on edge. This crucial event streams live at 10 a.m. ET on the Kansas City Fed’s YouTube channel.
Markets, particularly the crypto sector, anticipate Powell’s remarks on rate cuts, inflation, and future policies. The “Labour markets in Transition” theme hints at a pivotal economic narrative. Experts predict Powell will emphasize data dependency, sidestepping firm commitments for the September meeting.
- live stream available via Kansas City Fed’s YouTube Channel
- Powell’s speech could shape global liquidity and digital asset values
- Analysts disagree on outcomes, fueling market tension
A dovish tone might boost Bitcoin and tech stocks. Conversely,hawkish statements could intensify macro challenges. Rob Haworth, an expert at US Bank, underscores two vital queries: Is the labor market steady? Is inflation rising due to tariff impacts?
The Fed faces a dual challenge—addressing political demands for rate cuts while avoiding premature easing that could spur inflation. An overly strict approach risks stifling economic growth and complicating the desired soft landing.
This speech is a litmus test for policymakers balancing economic vitality and price stability. Crypto enthusiasts eagerly await Powell’s insights, hoping they signal the next phase of market dynamics.
