According to CoinMeta, as reported by Reuters, the hawkish remarks of Federal Reserve Chairman Jerome Powell have raised market expectations for interest rate hikes. However, Ippek Ozkaldeskaia, a senior analyst at Reuters Bank, stated that despite the strong market reaction, Powell has not yet fully regained his policy credibility. She added, "He must follow through on his words, and sometimes he may need to take actions that are not pleasing to the White House."