#美联储政策分析# Looking back, the decisions of the Fed have always stirred the market nerves. This time, the confirmation of the board member nominated by Trump, Milan, is about to take place before the Fed meeting, which reminds me of the drastic changes during the Volcker era. Back then, in order to curb inflation, the interest rate once soared to 20%, shocking the entire financial sector.

The Fed today is not as aggressive, but every move is worth paying attention to. The addition of new board members often signifies subtle changes in policy direction. History tells us that personnel changes are often a prelude to policy shifts. Just like when Greenspan faced the stock market crash of 1987 shortly after taking office, the subsequent easing policy opened a new economic cycle.

Compared to the present, we are in a special period of high interest rates and high inflation. The position of the new board member will directly affect the future path of interest rate hikes. Investors should closely monitor Milan's statements at the hearing to capture any clues about the direction of policy. After all, in this rapidly changing market, foresight often means opportunity.

Looking back at history, every major decision made by the Fed has left a profound mark on the market. Whether it is quantitative easing or tapering, they have all triggered intense market reactions. As a witness to multiple economic cycles, I understand the power of policy. Therefore, we should take history as a lesson and seize investment opportunities in the changing winds of policy.