#美联储降息 Federal Reserve Board member Milan's recent remarks are quite interesting—he mentioned that inflation is already close to the policy target, and then suggested that the current tightening stance might actually be overdone. But his logic is a bit awkward: opposing a 25 basis point cut yet supporting a 50 basis point cut, there's quite a gap in between. It seems that there are indeed disagreements within the Federal Reserve about the pace of policy adjustments.

Interestingly, Bitcoin dropped tonight, and some people linked this to Milan's comments. But upon closer reflection, the relationship might not be that direct. Milan's stance actually reflects the Fed's dilemma between controlling inflation and supporting economic growth—cutting rates to boost growth, yet fearing a rebound in inflation. This uncertainty itself can easily trigger market volatility. The price movement of $BTC is often more influenced by market expectations of overall liquidity rather than a single official's statement. The key is whether the Fed's upcoming actions can be effectively implemented.