Federal Reserve Chair Jerome Powell has suggested that removing tariffs could aid in achieving the central bank's 2% inflation target by lowering the cost of imports. Powell emphasized that tariffs function as taxes on imports, raising costs for businesses and consumers, and their elimination could alleviate inflationary pressures. He also indicated that reaching the inflation target might require coordinated policy efforts across various government sectors, hinting at a broader approach to inflation management. This development holds significance for cryptocurrency investors, as it points to potential shifts in monetary policy and trade strategies that could influence market dynamics and the overall economic landscape.