$ETH

A slight glimmer of hope brings some stimulation—Powell's extreme hawkish remarks have caused the entire market to buy in. Last night, after the FOMC meeting data was announced, he also took the opportunity to thank the "Trump administration."

Whether inflation has contracted is no longer the key factor for policy adjustments based on objective analysis, but rather a reflection of his temper in dealing with the Trump administration, aimed at defending what he calls the independence and impartiality of the Federal Reserve. This is a very selfish individualistic view. Focusing on the core inflation issue as a reason to tighten policy is merely a superficial excuse—it's entirely driven by personal self-interest!