#美联储利率政策 The Federal Reserve is up to something again, this time it's "Invisible QE." It sounds sophisticated, but it's actually just quietly injecting liquidity into the market—through a $40 billion government bond purchase program that will continue until April 2026.

The most interesting part is that Milan said their policy stance is "too tight," implying that they are about to loosen. Inflation is approaching the target, the labor market is starting to cool down, and rent increases are slowing, all of which become reasons for them to continue easing. In other words: interest rate cuts are not over yet, and there’s still room to loosen further.

This is great news for the crypto world. Ample liquidity and a mildly accommodative policy create the most favorable environment for the crypto market. But don’t get too excited; this "invisible" operation shows that the Federal Reserve is actually quite cautious and doesn’t want to openly admit to QE, so some uncertainty remains.

Anyway, in the short term, the policy direction has indeed shifted, which is a solid positive.