At 2 a.m., the Fed minutes dropped: everyone supported a 25-basis-point rate hike, and most thought there’d be another one before year-end. Inflation risks tilted to the upside, and even tariffs got a mention. The hawkish tone was loud and clear, but the real bombshell was the final sentence—the New York Fed, acting on behalf of the Treasury, had intervened directly in the foreign exchange market. One hand raises rates to prop up the dollar; the other steps in to push it down. They’re fighting themselves. Gold flinched at first, then smiled: interest rates can scare you, but the direction of the printing press has always told the truth. #BTC $BTC #美联储纪要聚焦10月暂停加息