Federal Reserve's April FOMC, the market is not watching for interest rate cuts—it's watching Powell, whether he will stay or leave?



The final answer is: the chairperson's position, he left.
The board of governors' seats, he did not leave.

This farewell of the current Federal Reserve is more exciting than any rate decision before.
Four dissenting votes, the largest split since 1992.
After Powell took over, it's hard to do well, and easy to cut rates.
This farewell marks the end of the "era of consensus."

Next, we face a financial monster with intertwined powers, tug-of-war from both sides, and the risk of losing direction due to political interference at any time.

Wells' job is indeed difficult because he not only has to fight inflation but also contend with Powell sitting in the board of governors.

This drama has only just begun in the second half of the year. $BTC $CL$BTC
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