2026-01-13 17:04:37

Central banks around the world are unanimously siding with Federal Reserve Chair Jerome Powell. Currently, he is facing unprecedented pressure from Trump — this collision of politics and economics is reshaping market expectations.

From the European Central Bank to the Bank of Japan, the attitudes of major central banks on key issues such as exchange rates and interest rates have become delicate. Every move Powell makes not only concerns the outlook of the U.S. economy but also directly influences global capital flows. As one of the most sensitive asset classes to macro policies, the crypto market is closely monitoring these signals.

Trump's pressure is evident, but the independence of central banks is also under the spotlight. The outcome of this game will determine the trend of risk assets in the coming months.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
6
Repost
Share

Comment

0/400

CommunitySlacker

· 3h ago

Powell holding firm is the key; once the independence of the central bank loosens, everything will fall into chaos. --- Here we go again, Trump wants to pressure Powell, but global central banks are actually protecting him? That's an interesting hand. --- Wait, are global central banks really united? I feel like they all have their own little tricks... --- Cryptocurrency is indeed the most sensitive area; a single interest rate signal can flip the game. Keep a close eye on Powell's actions over the past two months. --- Basically, it's about whose fist is stronger—politics vs. central bank independence. This game isn't over yet. --- Central bank independence? Ha, with such heavy political pressure in the US, it's already good that Powell can hold his ground. --- What does the alignment of global central banks mean? Things are about to change. --- It's really politics versus economics; as retail investors, we can only guess the trend. --- It feels like this round of risk assets will depend on Powell's mood; other central banks are just supporting actors.

View OriginalReply0

JustHereForMemes

· 3h ago

Powell holding up under pressure is a bit desperate; major central banks' recent actions are indeed openly coordinated. Central bank independence vs political intervention, this script is so old; in the end, it all comes down to who holds more chips. The crypto market, this dog, is really the most sensitive to macro policies... Any slight movement causes wild swings, it's hilarious. Let's see how they play it out later; Trump probably won't give up so easily, right? Wow, central banks worldwide are standing together, this is getting interesting. When exchange rates, interest rates, and other factors move, my assets tremble... Why do I always feel like I'm being cut like a leek? This "subtle" attitude of each central bank, honestly, they're all gambling. Really? Can central banks still have independence? It's all just a game of interests. The crypto market reacts to this kind of news faster than you can imagine; right after reading the news, the coin prices moved. Trump, this guy, really leaves no room for the Federal Reserve to breathe.

View OriginalReply0

OnchainHolmes

· 3h ago

Powell is starting to crack a bit this time. Does Trump really dare to directly challenge the independence of the central bank? This is crazy. Are the central banks all lining up together? It feels more like each has their own little plan. Who is sincere and who is just pretending will have to be seen in how things develop later. Crypto is the most sensitive part. We need to keep a close eye on what words come out of Powell's mouth.

View OriginalReply0

NFTHoarder

· 3h ago

Powell withstands the pressure. I am optimistic about this round of central banks taking a stand. In crypto, we need to closely follow his moves.

View OriginalReply0

GoldDiggerDuck

· 3h ago

Powell is really caught in the middle this time; Trump won't let this go easily. The independence of central banks is essentially a political game; in the end, it still depends on the price trend of the currency. Central banks around the world "stand together"? Ha, it's all for their own interests—whoever believes it is naive. This wave will send the crypto market on another roller coaster; we've already prepared ourselves mentally. No matter how great the political pressure, it can't change economic laws; Powell just needs to hold on.

View OriginalReply0

BTCWaveRider

· 3h ago

Powell, hang in there. This time, you're truly besieged from all sides. The independence of the central bank is easy to talk about, but resisting political pressure is very difficult. Cryptocurrency has long been under scrutiny, and when interest rates move, risk assets jump accordingly. But to be fair, it's hard to say what effect Trump's combination of tactics will actually have. The phenomenon of central banks worldwide acting in unison is indeed rare and quite interesting. It seems that the market in the coming months will depend on how Powell dances.

View OriginalReply0