U.S. Federal Reserve Chair Jerome Powell’s speech reflected slightly hawkish comments on restrictive monetary policy and interest rate cuts amid ongoing inflationary pressures and a strong labor market. The progress toward bringing inflation back down to its 2% target this year has stalled as some raised stagflation concerns, which were denied by Powell again. He The post Jerome Powell Speech Today: Bitcoin Crash Jitters As Fed Chair Slightly Hawkish appeared first on CoinGape .