Regarding the interest rate cut expectations for 2026, there is a frantic tug-of-war between these two logics:

On one side are solid data:

US Q3 GDP annualized at 4.3%, showing incredible economic resilience.

BlackRock also spoke out: its strategists Amanda Lynam and Dominique Bly pointed out in a report that the Federal Reserve is expected to implement only limited rate cuts in 2026. After a total of 175 basis points cut in this cycle, the Fed is approaching a neutral interest rate level. Unless there is a sharp deterioration in the labor market, the room for further rate cuts in 2026 is quite limited.

Logically, rate cuts should stop, right?

But on the other side is the game of power:

Trump directly pressures: No rate cuts? Then don’t expect to be Fed Chair.

This has led to a huge game paradox:

Trust the data? At most, one minor adjustment in 2026, or even no cuts.

Trust the “懂王” (King of Understanding)? Must break the rules and forcibly start a new round of easing.

Brothers, what do you think Powell (or the next chair) will ultimately choose?

Stick to the “bottom line” of data, or bow to “pressure” for the sake of the title?

Leave your 2026 script in the comments $BTC #2025Gate年度账单