#美联储货币政策# The independence of the Fed is indeed worth following. From the statements of the Treasury Secretary, rebuilding credibility has become a top priority. This not only concerns the effectiveness of monetary policy but also affects overall economic stability. I believe the Fed needs to work on decision-making transparency and communication strategies while maintaining the coherence and predictability of its policies. In the short term, the market may be more sensitive to the Fed's actions, and investors should closely follow its policy signals and data performance. From on-chain data, the flow of institutional funds during this period is worth tracking, as it may capture some changes in market expectations.