The meeting minutes reveal that there are significant internal disagreements regarding the future direction of monetary policy within the Federal Reserve, which can roughly be divided into three main factions:

Mainstream: The majority of participants analyzed that it may be appropriate to lower the federal funds rate target range this year, but no immediate rate cut action will be taken in July.

Hawks: A minority of participants argued that the federal funds rate target range should not be lowered this year, stating that "recent inflation data is still above the Federal Reserve's 2% target."

Doves: A minority of participants believe that if subsequent data trends align with their expectations, they would be willing to consider lowering the policy rate target range at the next meeting.

Despite the differing opinions internally, the information that "the majority of participants believe that a rate cut may be appropriate this year" undoubtedly raises market expectations for future liquidity easing, which is a positive macro-level driving factor for Bitcoin and similar assets. #BTC再创新高 #美联储6月会议纪要 $BTC