2026-01-01 13:21:54

The Federal Reserve's December meeting minutes just came out, and the results are in line with most people's expectations—no surprises.

But what's interesting is that this meeting exposed the true state of the Fed's internal dynamics: they are uncertain.

**The voting results seem unified on the surface, but underlying currents are swirling**

On the surface, it was 9 votes in favor and 3 against, passing with a 25 basis point cut. But you need to look at where those 3 dissenting votes came from—that's the awkward part. One faction feels the cut isn't aggressive enough and should be a 50 basis point reduction; another believes there should be no change at all and the status quo should be maintained. In other words, the Fed's dove and hawk camps are fighting each other.

Even more surprising is that the officials who voted in favor admitted that the decision was made "reluctantly." Some even openly said they could accept not cutting rates. Can you imagine? The very people who voted yes are hesitant. What does this indicate? It shows that there is no real consensus at the moment; the Fed is basically feeling its way forward.

**Don't expect too much about future rate cuts**

The Fed's statement sounds promising—"If inflation continues to decline, further rate cuts would be appropriate." But then they add, "We may need to observe for a period of time in the short term." In other words, don't expect any new moves in January.

Why so cautious? The reasons are quite practical. First, the previous US government shutdown led to a lack of key economic data, so the Fed made this decision somewhat blindly. In the coming weeks, employment and inflation data will be released one after another, and the Fed will need to see the data before making further decisions.

What does this mean for Bitcoin and the entire crypto market? In the short term, the uncertainty around the interest rate environment is actually greater. The more divided the Fed is internally, the harder it is for the market to adjust its policy expectations. In other words, the upcoming market movements may follow the data rather than the Fed's statements.

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ForkItAll

· 5h ago

The Federal Reserve is really a internal conflict conference, even the supporters don't believe themselves Promised to cut interest rates, then turned around and said to wait and see, I know this routine well Don't bother in January, before the data comes out, the Federal Reserve is just idling The market follows the data, not the mouth, just remember this When the central bank's decision-making is uncertain, the crypto circle will have to watch the market themselves from now on

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0xLuckbox

· 5h ago

The Fed is so divided internally, how can retail investors still play? Instead of guessing what the Fed is thinking, it's better to focus on the data. Even those voting in favor are hesitant, which is more frightening than outright opposition. Feeling our way forward. Wait, if short-term data is uncertain, doesn't that mean the next market trend will entirely depend on chaos? Feeling uncomfortable.

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Degen4Breakfast

· 5h ago

The Fed these days are really doing their own thing, voting in favor but not even trusting their own decisions... Who can understand this? Doves and hawks are clashing, feeling their way across the river, January is basically hopeless. It seems we still have to rely on data to speak, and crypto investors just wait for the market to dance with risk assets. Honestly, I think this kind of division is more worrying than a straightforward hawkish stance; the market is even more panicked. Is this how the Federal Reserve operates? I'm a bit confused about their tactics. To be honest, with so much uncertainty in the short term, I think it's better to stock up on stablecoins and wait for the data to come out.

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notSatoshi1971

· 5h ago

The Federal Reserve is just putting on a show; they don't even believe their own approval votes, which is ridiculous haha. If you ask me, there's no point in waiting until January; before the data comes out, it's all nonsense. The coin price will have to dance to the tune of employment data and inflation. With such internal division within the Federal Reserve, it actually gives us a chance to see who is telling the truth.

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SleepTrader

· 5h ago

The Federal Reserve is now playing a game of heartbeat; even those voting in favor don't believe it themselves. How is that possible? The market has to wait for the data to speak; empty talk is useless. With such a serious split in the Federal Reserve, it's actually more noise. Data is king. Basically, it's like walking in the dark; no one has confidence. This round probably depends on the employment data. There's no consensus and still pretending; I think things will get even more chaotic later.

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MysteryBoxBuster

· 5h ago

The Fed bunch is really pulling in different directions, with doves and hawks fighting fiercely, and no one daring to make a decision. The funniest part is that everyone who votes in favor says "reluctantly," which is even worse than not voting at all. Follow the data? Fine, then get ready to be slapped in the face by the data. Anyway, interest rates are now a Schrödinger's cat—both up and down at the same time. The crypto market should prepare for long-term volatility. The Fed is feeling its way across the river, so we might as well drift along with the stones. Actually, the biggest concern isn't whether interest rates will be cut or not; it's this internal division. The market can't predict the next move at all, and this kind of situation is most prone to shakeouts. By the way, will January really be actionless? I think it's uncertain, and it all depends on employment data.

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