Fed Chair Powell Predicts Solid Growth for 2024

• Lyla Velez
• December 10, 2025
• News
• 0 Comments

In a statement from Washington, D.C., U.S. Federal Reserve Chair Jerome Powell expressed confidence in the economic outlook for 2024, saying the growth baseline appears solid.

Powell’s statement signals potential shifts in U.S. monetary policy, affecting market risk appetites and crypto liquidity.

Powell’s remark coming after a Federal Open Market Committee (FOMC) meeting indicates a confidence in U.S. economic resilience next year. This outlook influences interest-rate expectations and could indirectly affect Bitcoin and Ethereum markets due to liquidity shifts.

As the Federal Reserve Chair, Powell’s comments suggest a less aggressive stance on rate hikes if inflation remains controlled. This scenario could boost investor willingness to allocate funds towards crypto assets like Bitcoin and Ethereum.

The anticipation of steady growth in the U.S. could also lead to enhanced liquidity for risk assets. This scenario presents a favorable environment for cryptocurrencies such as BTC and ETH, which often flourish in periods of stable economic expansion.

Investor sentiment traditionally strengthens when economic outlooks are positive, driving renewed interest in riskier assets, including cryptocurrencies. Historical patterns suggest that Bitcoin and Ethereum can benefit significantly, as positive economic signals often correlate with increased market confidence.

Jerome Powell, Chair, U.S. Federal Reserve Board of Governors, stated, “The baseline is solid for growth next year.”

Sustaining growth with moderate inflation suggests a probable scenario where interest rates remain stable or decrease slightly. Such economic conditions create a conducive environment for renewed investment in the crypto space, potentially elevating liquidity levels and supporting price movements for major tokens like BTC and ETH.