An in-depth analysis of the core mechanism behind the Federal Reserve's 25 basis point interest rate cut in December 2025. Discuss the impact on global markets of intensified disagreements within decision-makers, blurred policy guidance, and technical shifts in balance sheets. Wmax Market Observation helps you clarify the cross-asset pricing logic under multi-speed parallel monetary policies, and identify the deep disturbances of liquidity injection, global policy differentiation and potential political variables on capital flows and asset fluctuations in 2026.