Federal Reserve independence confirmed; four chair candidates are expected to be confirmed by the Senate

【Blockchain Rhythm】U.S. Treasury Secretary Janet Yellen recently publicly stated that the Trump administration is committed to maintaining the independence of the Federal Reserve. She pointed out that there are currently four outstanding candidates for Federal Reserve Chair, and it is expected that the Senate will be satisfied with the appointment of any of them.

This statement sends a clear signal: the new government adopts a relatively prudent stance on the monetary policy framework. The independence of the Federal Reserve’s operations is confirmed, which is crucial for long-term market expectations. Against the backdrop of a gradual adjustment in the global liquidity environment, the certainty of the Federal Reserve’s policy direction will also have a chain reaction on crypto asset allocation. The market is generally focused on the final confirmation of the next Chair candidate, which will directly impact this year’s interest rate path and easing pace.