At this stage, the financial market believes that the Federal Reserve will not only maintain short-term interest rates stable at this week's meeting, but is also likely to do so at next month's meeting. The market thinks that the Federal Reserve may not lower interest rates until July, and even then, it may only reduce them by 25 basis points.

If this is the case, the Federal Reserve may need to be prepared for an escalation of anger from the President of the United States. However, this President's attacks on the Federal Reserve may, in turn, further delay the date for interest rate cuts.

This is not due to the Federal Reserve's stubbornness, but because Powell knows he needs to reassure bond investors that an independent Federal Reserve will safeguard their investments and protect the value of their funds. $BTC