#美联储货币政策 Wow! I saw the Beige Book released by the Federal Reserve, it feels so advanced! 😮 But to be honest, I'm a bit confused after reading it. What does it mean when they say the economy is both hot and cold at the same time? And what is K-shaped divergence? It all seems pretty complicated. But I understood a little bit—it seems like, except for the wealthy, everyone else is cutting back on spending. Does this mean the economy isn’t doing so well? By the way, they also mentioned interest rates, which seems really important. I’m still learning and hope to better understand these economic terms in the future. Is there anyone who can explain what impact the Beige Book might have on the cryptocurrency market? 😅