BitUnix analyst: Federal Reserve's hawkish interest rate cuts release mixed signals, internal divisions heat up, market re pricing 2026 policy path According to BlockBeats, on December 11th, the FOMC cut interest rates by another 25 basis points to 3.50% -3.75%, marking the third consecutive rate cut. However, three opposing votes revealed a widening divergence in policy direction. The statement added the phrase 'considering the magnitude and timing of further interest rate adjustments' and removed the description of a' lower 'unemployment rate, reflecting a rift in officials' judgment on employment risks and inflation stickiness. Starting from December 12th, the Federal Reserve will purchase $40 billion worth of Treasury bonds within 30 days. Powell emphasized after the meeting that it is currently close to the upper edge of the neutral range, and no one is expecting a rate hike at the moment; And it is pointed out that the risk of upward inflation still exists, but mainly driven by tariff increases. If tariffs reverse, inflation can fall back to the lower end of the 2% range. In terms of the labor market, he admitted that the recent data has been overestimated and there is a downward risk in employment. The market expects a cumulative interest rate cut of 55 basis points next year, and the probability of another interest rate cut in January is still less than 25%. The divergence of future policies among major institutions has also intensified: some believe that the improvement in inflation is sufficient to support another interest rate cut starting from March next year, while others expect a pause in January and a wait-and-see period in the first half of the year, and even believe that the interest rate cut may be postponed until after June. Multiple Wall Street institutions have pointed out that this "hawkish interest rate cut" highlights the difficulty of maintaining consistency in the FOMC under Powell's leadership. On the market front, the Federal Reserve announced that during the period from the statement to the press conference, gold and silver experienced significant fluctuations before strengthening again, with silver reaching a historic high; US bond yields have fallen, the US dollar has weakened, and non US currencies have rebounded across the board, leading to a simultaneous rise in US stocks. Trump criticized the insufficient interest rate cuts after the meeting, adding external noise to policy uncertainty. BitUnix analyst: Against the backdrop of unclear pace of interest rate cuts, intensified internal divisions, and possible leadership changes in 2026, the market will rely more on data and liquidity operations to determine pricing policy paths. Short term fluctuations may rise, and directional signals need to wait for further clarification of employment and inflation.