{"id":10386,"date":"2025-01-29T21:17:00","date_gmt":"2025-01-29T21:17:00","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10386"},"modified":"2025-01-29T21:17:00","modified_gmt":"2025-01-29T21:17:00","slug":"a-different-powell-emerges-fed-chair-softens-hawkish-tone-on-interest-rates-bitcoin","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10386","title":{"rendered":"A Different Powell Emerges: Fed Chair Softens Hawkish Tone On Interest Rates, Bitcoin"},"content":{"rendered":"<div>\n<p>It wasn&#8217;t the same Fed Chair<strong> Jerome Powell <\/strong>who shook markets in December with a hawkish stance that unsettled investors. The version that appeared at the Fed&#8217;s January press conference was far more measured, cautious, and seemingly at ease <a href=\"https:\/\/www.benzinga.com\/25\/01\/43316048\/fed-holds-interest-rates-steady-halts-streak-of-consecutive-cuts-as-inflation-remains-elevated\">with the path ahead.<\/a><\/p>\n<p>Powell sidestepped the brewing clash over interest-rate policy sparked by President <strong>Donald Trump<\/strong>, opting to let time and economic data shape the Fed&#8217;s path ahead.<\/p>\n<p>Notably, he didn&#8217;t rule out <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) being adopted by commercial banks, marking a sharp U-turn from his previously allergic stance on crypto-related matters.<\/p>\n<p>While the Federal Reserve\u2019s decision to hold rates at 4.25%-4.50% was widely expected, Powell delivered remarks that helped stabilize investor sentiment in a volatile week shaken by the DeepSeek news. <\/p>\n<p>Here\u2019s what happened at the January\u2019s press conference.<\/p>\n<h3 class=\"wp-block-heading\">Not In A Hurry To Ease, But Let\u2019s See How Things Evolve\u2026<\/h3>\n<p>Powell signaled patience but not outright resistance to future cuts.<\/p>\n<p>&#8220;If the economy remains strong and inflation does not continue to move sustainably toward 2%, we can maintain policy restraint for longer,&#8221; he said, while also indicating that weaker labor market conditions or faster-than-expected disinflation could warrant easing.<\/p>\n<p>Notably, he indicated that recent inflation data has been encouraging.<\/p>\n<p>&#8220;We don&#8217;t overreact to two good readings or two bad readings, but nonetheless, the last couple of readings have suggested more positive progress,&#8221; Powell said. \u201cThe expectation is that we &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/01\/43318325\/a-different-powell-emerges-fed-chair-softens-hawkish-tone-on-interest-rates-bitco\" alt=\"A\" different powell emerges: fed chair softens hawkish tone on interest rates bitcoin>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It wasn&#8217;t the same Fed Chair Jerome Powell who shook markets in December with a hawkish stance that unsettled investors. The version that appeared at the Fed&#8217;s January press conference was far more measured, cautious, and seemingly at ease with the path ahead. Powell sidestepped the brewing clash over interest-rate policy sparked by President Donald [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10386","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10386"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10386\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}