The recent Federal Reserve meeting minutes reveal a clear policy shift signal, with a tone that is noticeably dovish.

The consensus among officials is quite clear—if inflation continues to decline, the possibility of rate cuts will be on the table. Market research indicates that the probability of rate cuts after March has significantly increased, which is a positive signal for currency holders.

A more direct action is that the Federal Reserve has initiated a liquidity replenishment plan. Due to the decline in reserve levels in the financial system to a "moderately ample" threshold, the central bank has decided to inject approximately $40 billion per month to purchase short-term government bonds, aiming to ensure that market liquidity does not tighten. This move typically provides support for risk assets like Bitcoin and Ethereum.

However, the Fed is not overly optimistic. Although the economy maintains moderate growth, employment data is less than ideal—hiring has slowed, and the unemployment rate has risen, which keeps them highly alert to employment risks. Inflation is also not fully under control, and they continue to monitor it closely.

In the long term, analysts expect the economy to accelerate by @E5@2026, with fiscal support, regulatory framework adjustments, and improvements in financial markets continuing to provide assistance. However, uncertainties regarding growth prospects do exist.

In simple terms, the Federal Reserve is paving the way for rate cuts while also "fueling" the market, but they remain cautious about employment and prices. Monitoring inflation data and employment reports will be crucial moving forward, as these will directly influence the pace of policy adjustments.