Federal Reserve Board Member Milan's contradictory statements have triggered intense market volatility. Just after issuing a heavy forecast of a 150 basis point rate cut by 2026, which stirred global capital flows, he then claimed to know nothing about his future at the Fed, directly cutting off policy commitments.

This move can be described as surreal. One sentence determines the direction of the dollar and capital flows, and the next moment, it becomes a personal opinion, leaving a huge suspense. Global investors are suddenly caught in a dilemma: is this 150 basis point rate cut expectation an official consensus of the Federal Reserve, or just an individual official's spontaneous remark?

The key is that every word from the Fed acts as leverage to move global markets. Officials' statements about policy outlooks directly influence capital allocation in stocks, forex, and even crypto markets. Milan's approach of leaking information first and then distancing himself undoubtedly adds more uncertainty to an already complex monetary policy environment.

The core issue in the current market has become particularly sharp: Is the Fed's internal understanding of the pace of rate cuts really so fragmented? What kind of policy game and power balance are hidden behind these contradictory signals? For crypto market participants paying attention to Fed movements, this policy signal chaos undoubtedly increases decision-making costs.