The financial world is closely watching U.S. Federal Reserve Chair Powell’s upcoming remarks, eager to understand the Fed’s perspective on potential recession concerns. BlockBeats reports that market participants are particularly interested in Powell’s stance on the impact of tariff suspensions on the economic outlook. GSR research analyst Carlos Guzman highlighted a potential economic slowdown due to President Trump’s recent decision to suspend most tariffs for 90 days, noting previous expectations of four interest rate cuts this year have weakened. The market still anticipates more rate cuts than before Trump’s announcement, although the expectation has softened after President Trump’s tariff suspension announcement last week. Guzman also noted that if global economic conditions remain dire, the Fed might implement additional stimulus measures. This could potentially provide a positive boost for cryptocurrencies in the long term but may face short-term volatility challenges.