According to CoinMeta, Mark Dowding, the Chief Investment Officer of BlueBay, pointed out in a report that if Federal Reserve Chairman Jerome Powell abandons forward-guidance policies, it could increase the risk of the market losing confidence in the Fed. He stated, "During the periods when previous Federal Reserve chairmen implemented forward-guidance policies, the institution enjoyed a high level of trust and credibility." However, if a state of information vacuum ensues, market doubts may intensify, and confidence in the Fed could also begin to waver. Dowding noted that the current level of U.S. debt has reached record highs and is growing at an alarming rate. If a laissez-faire attitude is adopted towards market trends, a sudden loss of market confidence could lay down significant risks.