Powell Stays Silent This Time, and the Market Isn’t Panicking?

Just saw a piece of news: Federal Reserve Chair Jerome Powell attended a public event today, spending the entire time reminiscing about a late former colleague. As for interest rates? Policy? Not a single word. Don’t get it wrong—not that he isn’t prepared, but with next week’s FOMC meeting approaching, he’s now entered the officially mandated “quiet period”—meaning he can’t say anything that could influence the markets.

Silence Itself Is a Statement

Interestingly, his silence actually makes the market feel more secure. Why?

· As Expected: Traders already knew he had to be quiet during this window, so his “zero comments” didn’t create any surprises—in fact, it removed a source of speculation.
· Focus Returns: Now everyone’s attention is locked onto two things—first, the economic data being released this week; second, how next week’s meeting will set the tone.

What Does This Mean for Digital Assets?

At this critical juncture, the market will likely enter a “wait for news” phase:

1. Short-term volatility may narrow: Before the real action begins, some capital will choose to wait and see, and the market may seem rather flat.
2. Following traditional market rhythm: Crypto’s own “narratives” will temporarily lose impact, and price movements may be more influenced by sentiment in US stocks and other risk assets.

Some Practical Strategies

When you encounter these “calm on the surface” moments, here’s what you can do:

· Stick to your original plan: If you’ve already positioned yourself for next week’s meeting, there’s no need to adjust your portfolio last minute today.
· Use the lull to review: Take advantage of this quiet period to check whether your positions and risk controls are sound, leaving buffer room for sudden volatility.
· Watch economic data closely: What can really move the market are the hard numbers—upcoming inflation, employment, and other key indicators.

At the end of the day, Powell’s silence is just a pause; the real action is yet to come. Stay sharp, be prepared, and wait for the wind to pick up.

(Source: JIN10 Data and Federal Reserve Public Schedule)