杰罗姆·鲍威尔、美联储转向特朗普——新政府、新生活、新基调
自大选以来，这种一触即发的紧张局势一直在酝酿，人们对特朗普的政策优先事项的猜测不断增加。降低税收、更严格的移民控制、提高关税以及推动数字资产整合，将符合美联储稳定价格的使命。 鲍威尔最近在联邦公开市场委员会（FOMC）会议后发表的讲话表明，央行正在为充满不确定性的政策环境做好准备。 在FOMC会议上，美联储一如预期将政策利率下调25个基点。然而，此举被央行不断变化的预测所掩盖。经济预测摘要目前预测到明年年底政策利率将达到 3.9%，这预示着还会有两次降息。 2025 年通胀预期攀升至 2.5%，而围绕通胀预测的不确定性激增，潜在结果范围更广。 鲍威尔谨慎地对待这些预测，将部分不确定性归因于特朗普潜在关税和其他经济政策的影响。鲍威尔表示：“我们不知道什么时候会面临这个问题。”他强调美联储的重点是研究关税如何推动通胀。 不过，他承认，一些联邦公开市场委员会成员已经初步考虑到了特朗普政策可能产生的影响，将这种情况比作“在雾夜开车”。 虽然鲍威尔的言论似乎很谨慎，但批评者认为这些言论暴露了政治偏见。通过将对特朗普经济议程的投机性估计纳入他们的预测中，美联储可能已经超越了其中立角色，特朗普及其阵营非常乐意利用这一批评。 我们不能忽视房间里的大象，这是一个特别有争议的问题：特朗普建议建立“战略Bitcoin储备”。 刚刚：🇺🇸 美联储主席杰罗姆·鲍威尔表示，美联储“不允许拥有Bitcoin”。 #JeromePowell #FED #FOMC #InterestRates pic.twitter.com/Atq66Kl5VY In a press briefing yesterday, Powell dismissed the idea outright, stating, “We’re not allowed to own Bitcoin,” while reiterating that any legal changes to permit such a reserve would require Congressional approval. The comments triggered a pullback in Bitcoin prices, which had rallied sharply post-election amid optimism over Trump’s crypto-friendly agenda. Powell’s skepticism echoes the Fed’s broader caution toward digital assets, and we all know that Trump does not share the same sentiment. The chairman has consistently opposed the idea of federal involvement in cryptocurrencies, framing it as a matter best left to Congress. This cautious stance places Powell at odds with Trump, who sees digital currencies as a tool for innovation and economic growth. We have to wait to see if it is a divide that could further strain the relationship between the White House and the central bank. Make no mistake about it: Bitcoin has been around for more than a decade, and if he didn’t support it before, Fed chair Jerome Powell would never go pro-crypto. The conflict is not limited to crypto policy. Trump has a long history of criticizing Powell’s leadership, accusing the Fed of being “political” and suggesting that its rate cuts were timed to benefit electoral outcomes. Despite his criticisms, Trump has also voiced frustration that Powell’s rate cuts did not go far enough, highlighting his desire for more influence over monetary policy. “I feel the president should have at least a say in there,” Trump declared in August, arguing that his business acumen made him better qualified to guide rate decisions than Fed officials. This perspective further outlines Trump’s broader ambition to reshape the central bank’s independence, a move Powell has publicly opposed. “Independent central banks typically have lower inflation,” Powell said in September, defending the existing institutional framework. He stressed the importance of insulating monetary policy from political influence, calling it “a good institutional arrangement” that benefits the public. Trump’s assertion that the Fed should consult him on interest rate decisions raised eyebrows across the political spectrum. Critics warn that undermining the Fed’s independence could destabilize financial markets and erode public trust in monetary policy. Yet, Trump’s supporters, including Tesla CEO Elon Musk, argue that his push for greater oversight reflects legitimate concerns about a central bank they perceive as out of touch with Main Street. The tension between Trump and Powell is simply a battle over who has the power to shape economic policy. Powell insists that the Fed is committed to price stability, even as it invites accusations of political bias. On the other hand, Trump’s more aggressive, interventionist stance echoes his belief in the need for a radical rethinking of monetary policy. The stakes are undoubtedly high for both men. It could go two ways: A constructive dialogue or an outright confrontation about whose policies are the “best for America.” Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap鲍威尔对加密货币和政策利率的神秘立场
加密货币正处于十字路口：没有战略储备？
Trump’s frustration with Fed independence
Political overreach or necessary reform?
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