After watching Chairman Powell's Q&A, I found the December FOMC meeting minutes quite interesting.
The Federal Reserve not only confirmed a 0.25 basis point rate cut but also provided a more positive outlook for GDP.
As for the market's keen focus on QE, the actual statement is closer to: to manage reserves, they will purchase short-term government bonds, to this extent only.
However, looking closely at the details, there is a statement about "gradually proceeding on a 30-day basis," aimed at first purchasing government bonds to enhance market liquidity, and then deciding on subsequent actions based on the situation.
The overall tone is very reminiscent of a neutral interest rate policy, first observing market reactions before deciding whether to continue injecting liquidity.
This time, the Federal Reserve is not leading the market but is more like a supporter, indicating a neutral stance that liquidity will be injected as needed. My understanding: I will support the market and prevent it from collapsing! $BTC
