2026-01-12 06:50:18

#密码资产动态追踪 The independence of the Federal Reserve faces a new test. Powell recently received a subpoena from a grand jury of the Department of Justice regarding a criminal investigation. In response to this move, he firmly stated that he would not change his decision-making logic due to external pressure—every step of the Federal Reserve will be based on economic data, not political demands.

This has sparked market reflection: To what extent can political pressure influence central bank decisions? Can the stability of interest rate policies still be guaranteed? These questions are directly related to the upcoming pace of rate cuts.

For the crypto market, the Federal Reserve's policy direction has always been a barometer. Expectations of rate cuts will boost the attractiveness of risk assets, while the opposite may prolong the pressure cycle. The market is still digesting these variables—whether the bear market will continue or if a new opportunity window is opening.

What do you think of this situation? Share your observations in the comments.

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ProposalDetective

· 01-12 07:15

Powell is really tough this time. Even after receiving the subpoena, he still insists on independence. It’s satisfying to watch. --- As soon as the rate cut expectations emerged, the price reacted, showing that the market is well aware. --- Can political pressure change central bank decisions? Impossible, the data will speak. --- How long will the pressure cycle last? That’s the key... --- The trend indicator has shifted, now it’s time to look at the data. --- It feels like the opportunity window is gradually opening, but it still depends on how Powell handles this move.

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MetaMaskVictim

· 01-12 07:07

Powell's tough stance this time, I feel like there's a bit of acting involved... Can they really be independent? A bunch of subpoenas coming down, saying they won't change their decision-making logic—just listen to it. When will the rate cuts come? That's what I care about. I've seen through it long ago; political pressure has never been absent, and they just do whatever they want. Who dares to believe that the central bank is truly neutral now? Their statements on one side and backtracking on the other are already happening. Let's wait and see what happens next; I think something interesting will occur. The fact that they dare to issue subpoenas is impressive; the scope is quite broad.

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MeaninglessApe

· 01-12 07:05

Powell's move is aggressive, directly challenging the Department of Justice. Basically, he's telling everyone that the Federal Reserve is not to be messed with. Speaking of the subpoena incident, how much impact does it have on the crypto circle? I think it mainly depends on the timing of the rate cut; that's the real catalyst. It seems that the more intense the political struggle, the more the central bank needs to prove its independence—maybe a counter-move? Let's just wait and see how the policies at the end of the year will play out. Currently, all discussions are just armchair theories. If Powell can truly withstand the pressure this time, it would still be a positive signal for market confidence... right?

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GateUser-afe07a92

· 01-12 07:02

Powell's move this time is a bit fierce, holding up under pressure. This is what a central bank should look like. Now the market has to wait and see if the pace of rate cuts can be maintained, which is the key. It feels like we're going to see more fluctuations again. A new phase of the bear market? Not sure. Is the Federal Reserve truly independent? It sounds good, but who believes it? If you ask me, it all depends on how the economic data turns out. The political game will ultimately have to give way. --- Claiming that Powell receiving a subpoena doesn't affect anything is a lie. Are rate cuts coming? I really look forward to a resolution. Political interference in the central bank is old news; it feels like there's nothing new. Crypto still depends on the Federal Reserve's stance, which is troublesome. This rhythm feels a bit strange. Are opportunities or risks coming first? Hard to say.

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MissedAirdropAgain

· 01-12 07:00

Powell says decisions are data-driven, but we all know Washington's game... Can it really be independent?

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TokenSleuth

· 01-12 06:55

The issue of subpoenas is essentially a political show. Powell will do whatever he plans to do, and the market's true reaction depends on the data.

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