$XRP ๐จ๐บ๐ธ POWELL BREAKS HIS SILENCE โ MARKETS REACT FAST
For the first time, Fed Chair Jerome Powell is pushing back.
After staying silent for over a year amid repeated criticism from President Trump, Powell finally responded โ and markets felt it immediately.
๐ฃ๏ธ Powellโs statement:
He said the latest criminal probe and political pressure are โa consequence of not following the preferences of the President,โ directly raising concerns about Fed independence.
๐ Instant market reaction:
โข Stock futures dropped more than -0.5%
โข Volatility spiked across risk assets
โธ๏ธ What adds fuel to the fire:
โข The Fed is expected to pause rate cuts again on Jan 28
โข Powell has ~6 months left as Fed Chair
โข The power struggle is now public
โ ๏ธ Why this matters A visible clash between the White House and the Fed threatens confidence in monetary policy โ and markets hate uncertainty. Expect higher volatility across equities, crypto, and FX.
๐ฅ Trump vs Powell = turbulence ahead This story is far from over.
#Fed #Powell #Trump #Macro