Recently, debates surrounding the Federal Reserve's monetary policy have been intensifying. The U.S. President has once again criticized the Fed leadership on social media, accusing them of being overly cautious despite a strong economic growth backdrop, claiming that this conservative stance is holding back economic potential.

Specifically, in the December 10 decision, the Federal Reserve only lowered interest rates by 25 basis points to a range of 3.5%-3.75%, which drew some dissatisfaction. Some believe that since the U.S. GDP growth rate in Q3 2025 has already reached 4.3%, the rate cut should be more aggressive. According to this logic, at least a doubling of the cut should be considered.

However, the Fed Chair responded during the subsequent press conference. He emphasized that policy decisions are based on economic data rather than external pressures, and that the current interest rate level is already close to what is called the neutral point. The Fed's stance is to evaluate gradually, closely monitoring inflation risks that may arise from tariffs and other policy factors.

This dispute essentially reflects a core contradiction: politically, there is a desire to stimulate the economy and employment through accommodative interest rates, while the central bank worries that excessive easing could reignite inflation pressures. From a crypto market perspective, the direction of interest rate policy directly influences investors' risk appetite—low interest rate environments are generally favorable for risk assets like Bitcoin, whereas rate hike pressures tend to suppress market sentiment.

Market participants generally believe that ongoing political pressure on the Fed's independence could pose long-term risks. If the central bank's policies are excessively influenced by politics, it could undermine the credibility of the dollar, further increase borrowing costs, and ultimately lead to more complex economic imbalances. Some analyses point out that a major variable in the economic uncertainty of 2026 is likely to stem from this tug-of-war between monetary policy and political will.

For crypto investors, this evolving process warrants continuous attention—how the Fed ultimately positions its policy will largely determine the performance ceiling of the entire risk asset sector.