Federal Reserve Chairman Powell is under criminal investigation by the Department of Justice, posing a serious threat to the central bank's independence. Powell fought back hard, accusing the government of pressuring the government to cut interest rates. Central banks around the world planned to unite in support, and the Governor of Canada was the first to express support. The market's business community is privately shocked but publicly silent as Republican senators plan to block Trump's nominee. This game between politics and central bank independence tests the cornerstone of global financial stability.

An in-depth analysis of the systematic restructuring of the monetary policy framework of global central banks in early 2026. Discuss how the Federal Reserve, the European Central Bank and the Bank of England shifted their focus from a single inflation target to financial stability risks and the lag effect of tightening. Wmax Macroscopic observation helps you identify the dual-track monitoring mechanism of financial conditions and policy interest rates in the policy response function, analyze the deep changes in cross-border capital flows and market pricing structures in 2026, and grasp the institutional anchor points during the transition period of policy logic recalibration.