{"id":92487,"date":"2026-03-18T19:28:43","date_gmt":"2026-03-18T19:28:43","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2026\/03\/18\/jerome-powell-says-no-rate-cuts-until-inflation-shows-progress-bitcoin-crashes\/"},"modified":"2026-03-18T19:28:44","modified_gmt":"2026-03-18T19:28:44","slug":"jerome-powell-says-no-rate-cuts-until-inflation-shows-progress-bitcoin-crashes","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2026\/03\/18\/jerome-powell-says-no-rate-cuts-until-inflation-shows-progress-bitcoin-crashes\/","title":{"rendered":"Jerome Powell Says No Rate Cuts Until Inflation Shows Progress, Bitcoin Crashes"},"content":{"rendered":"


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Fed Chair Jerome Powell said that there gained\u2019t be charge cuts except they see progress on inflation. This got here as he signaled that bringing inflation down in the direction of their 2% goal is their major focus for this 12 months, particularly with the labor market showing to stabilize. Bitcoin rapidly crashed on the again of his remarks, dropping beneath $71,000.<\/p>\n

Jerome Powell Warns About Inflation, Bitcoin Dumps<\/h2>\n

During his FOMC press conference<\/a>, the Fed chair stated there gained\u2019t be charge cuts in the event that they don\u2019t see inflation progress towards their 2% goal. \u201cThe thing that\u2019s really important that we see this year is progress on inflation through a reduction in goods inflation as the one-time effects on prices of tariffs go through the system, go through the economy,\u201d he stated.<\/p>\n

Jerome Powell additionally famous that near-term inflation expectations have risen in latest weeks, with the U.S.-Iran war<\/a> sparking larger oil costs, placing inflationary stress on the U.S. economic system. He stated that these larger vitality costs will push up total inflation within the close to time period. Meanwhile, the Fed chair admitted that it’s too quickly to know the complete results of the Middle East tensions.<\/p>\n

Bitcoin sharply dropped following the Fed chair\u2019s feedback on inflation, dropping beneath $71,000. TradingView information exhibits that the main crypto is at present buying and selling at round $71,350, down over 3% right now.<\/p>\n

\"Bitcoin\"Bitcoin
Source: TradingView; Bitcoin every day chart<\/figcaption><\/figure>\n

As CoinGape reported, the crypto market had crashed<\/a> earlier within the day as Israel attacked Iran\u2019s South Pars fuel discipline, sending vitality costs rising. However, the market rebounded forward of Jerome Powell\u2019s speech, with BTC rising as excessive as $72,000.<\/p>\n

Meanwhile, the Fed chair famous that the Fed stays in a troublesome state of affairs because it appears to be like to stability each dangers of inflation and unemployment. He stated that the oil shock might put some downward stress on employment. However, he selected to not touch upon which mandate is prone to take precedence, even because the labor market stays in danger with rising inflation.<\/p>\n<\/p><\/div>\n


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Fed Chair Jerome Powell said that there gained\u2019t be charge cuts except they see progress on inflation. This got here as he signaled that bringing inflation down in the direction of their 2% goal is their major focus for this 12 months, particularly with the labor market showing to stabilize. Bitcoin rapidly crashed on the […]<\/p>\n","protected":false},"author":1,"featured_media":85321,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[20,372,915,2090,3887,3888,2008,270,457],"class_list":{"0":"post-92487","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-bitcoin","9":"tag-crashes","10":"tag-cuts","11":"tag-inflation","12":"tag-jerome","13":"tag-powell","14":"tag-progress","15":"tag-rate","16":"tag-shows"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/92487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=92487"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/92487\/revisions"}],"predecessor-version":[{"id":92488,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/92487\/revisions\/92488"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/85321"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=92487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=92487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=92487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}