#美联储货币政策 The minutes of the Federal Reserve meeting show a clear divide among decision-makers on the issue of interest rate cuts. By comparing various viewpoints, one can see the dilemma faced by current monetary policy: on one hand, there is a need to be wary of the risk of inflation rebound, while on the other hand, it is essential to guard against a rapid decline in economic growth. From on-chain data, there has not been a significant change in recent capital flows, reflecting the market's uncertainty regarding the direction of Federal Reserve policy. It is advised to closely monitor future inflation data and employment reports, as these indicators will become key factors influencing Federal Reserve decisions. Additionally, one should also be cautious of the market volatility risks that may be triggered by artificial intelligence concept stocks.