**[Preview: Federal Reserve March Meeting Minutes to Be Released Tonight Amid U.S.-Iran Conflict, Market Focus on Interest Rate Outlook]** BlockBeats News, April 8 — At 2:00 AM Beijing time on Thursday, the Federal Reserve will release the minutes of its March meeting. Notably, the March policy meeting was held against the backdrop of escalating geopolitical risks in the Middle East. These minutes will reveal how officials weighed these risks before the latest round of tensions escalated, and how much of their thinking remains relevant today. Since the Iran war broke out on February 28, borrowing costs have surged, and the market has been under immense pressure. Even without any policy action from the Federal Reserve, the financial environment has effectively tightened. The market's expectations for the direction of interest rates will also be a key focus. During the March meeting, the market still anticipated that the Federal Reserve would cut rates once later this year. While this view hasn’t completely vanished, it has become increasingly tenuous. Higher oil prices and a tighter financial environment are making it harder for the Federal Reserve to justify easing monetary policy. The meeting may have also discussed factors that could force officials to consider raising rates again, which will undoubtedly keep investors on edge. (Jin10)