The Interchange: What does the Fed's historic shift on inflation mean for bitcoin? Not much

On Thursday, the Fed announced a "historic shift" in how it will think about balancing inflation amid the re-emphasized priority of full(er) employment. You can read the official changes to its FOMC framework here, the TL;DR of which is that the Fed will accept higher levels of inflation in order to support an even stronger "natural" employment level — whatever that is remains to be seen.

Said another way, should the murky interplay between the labor market and stable prices ever get "too hot," i.e., an environment in which a robust labor market drives up the prices of everyday goods and services, the Fed will now look the other way on raising rates as a tool to try and cool things off.