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Jerome Powell, Jackson Hole Weigh on Digital Assets: Crypto Daybook Americas

Markets expect Fed Chair Jerome Powell to keep interest rates steady amid mixed economic data and ongoing tariff-driven inflation, with futures pricing in an 85% chance of a September cut.

  • Federal Reserve Chairman Jerome Powell is scheduled to deliver a key speech at the annual Jackson Hole symposium in Wyoming on August 23, 2025.
  • The speech follows prolonged Fed rate holds amid rising inflation driven by tariffs, with markets widely pricing in a rate cut in September but expecting Powell to avoid firm dovish commitments.
  • Despite macro uncertainty and recent crypto price drops, crypto ETFs recorded strong inflows last week, including $2.85 billion for Ethereum and $547 million for Bitcoin amid price consolidation.
  • More than $400 million in long positions were liquidated as Bitcoin slid from $118,000 to $115,000 and Ethereum from $4,500 to $4,300, while cautious positioning is reflected in negative funding rates favoring puts.
  • Powell's upcoming speech is expected to influence market direction by balancing signals of a possible September cut with ongoing inflation concerns, leaving crypto assets consolidating pending further labor and inflation data.
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finanzmarktwelt.de broke the news in on Sunday, August 17, 2025.
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