Is the Fed internally tearing apart?

Just saw some shocking news: Among the 12 voting members of the FOMC, 5 of them openly disagreed—it's not just a subtle reservation, but a direct challenge to the interest rate cut operation. How many are clearly in support? Only 3 core members.

What's even more astonishing is that analysts have uncovered that if the policy statement contains phrases like "possibly pausing the easing cycle," then this interest rate cut is basically just for show. Think about it, they cut rates on the surface, but in reality, they leave themselves a way out to pull the brakes at any time.

The plot before the silent period was quite magical: several people who previously opposed interest rate cuts suddenly changed their tune, saying "to maintain an open attitude." Waller was even more direct, stating that any actions after December would depend entirely on the upcoming economic data. This divergence doesn’t need guessing; it’s clearly laid out.

The Fed's consensus decision-making mechanism really looks precarious this time. The signals being conveyed are a messy tangle, and its independence is being questioned. If a compromise rate cut is really implemented, will the market surge first and then turn around to crash? We might need to mentally prepare for the volatility of assets like ETH and BNB.

Data is for reference only, the direction is up to you.