Will there be a rate cut next month? Right now, global investors' attention is focused on Fed Chairman Powell.

Barclays' latest research report reveals a key signal – this helmsman is likely to personally drive interest rate cuts.

Let's first take a look at the current situation within the Fed:
Three people from the rate-cutting camp have come forward: Milan, Powell, and Waller have clearly stated that the time is ripe;
The centrist swing voters are four - Barr, Jefferson, Goolsbee, and Collins, who claim to be watching from the sidelines, but actually lean towards inaction;
There are two hardline hawks: Musallem and Schmid firmly oppose any easing measures.

There are also the two old foxes, Cook and Williams, who publicly shout "data-driven decision-making," but privately their actions have already leaned towards interest rate cuts.

Counting with fingers, 6 votes to maintain the status quo against 5 votes supporting a rate cut—it's a situation as tense as a penalty shootout. But Barclays analysts emphasize one point: don’t just focus on the number of votes; the real variable is the chairman himself. Once Powell makes a decision, the likelihood of other committee members publicly disagreeing is minimal. For this round of monetary policy shift, it’s mostly about listening to him.

The market has started to take off: U.S. Treasury yields have dropped accordingly, and the price of Bitcoin has surged directly. If interest rate cuts really happen, and liquidity becomes abundant again, crypto assets are likely to benefit from this wave of dividends.

What do you think? Will Powell take a strong lead this time? If interest rate cuts are realized, can #数字货币市场回升 break through the previous high? Will $BTC $ETH follow suit and take off?