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.

Source: https://en.coinotag.com/breakingnews/powell-economy-not-overheating-as-fed-maintains-dual-mandate-and-signals-hawkish-rate-cut-stance