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Powell is stepping down, officially handing over on May 15th.
The summary of what he has done over these eight years is: flooding the market with liquidity during the pandemic to rescue the economy, which resulted in runaway inflation, then aggressively raising interest rates to suppress it, ultimately creating a "soft landing."
Although he didn't cause a hard landing for the economy, the high inflation trap remains.
Next, the Federal Reserve will change leadership, and the market will definitely need to reprice.
The future policy direction and the strength or weakness of the dollar will directly determine the overall trend in the crypto space, so this period must be closely watched.
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