Passage
For this <FI>is<Fi> the covenant that I make, With the house of Israel, after those days, An affirmation of Jehovah, I have given My law in their inward part, And on their heart I do write it, And I have been to them for God, And they are to me for a people.
Nearby Context
Jeremiah 31:31 Lo, days are coming, an affirmation of Jehovah, And I have made with the house of Israel And with the house of Judah a new covenant,
Jeremiah 31:32 Not like the covenant that I made with their fathers, In the day of My laying hold on their hand, To bring them out of the land of Egypt, In that they made void My covenant, And I ruled over them--an affirmation of Jehovah.
Jeremiah 31:33 For this <FI>is<Fi> the covenant that I make, With the house of Israel, after those days, An affirmation of Jehovah, I have given My law in their inward part, And on their heart I do write it, And I have been to them for God, And they are to me for a people.
Jeremiah 31:34 And they do not teach any more Each his neighbour, and each his brother, Saying, Know ye Jehovah, For they all know Me, from their least unto their greatest, An affirmation of Jehovah; For I pardon their iniquity, And of their sin I make mention no more.
Jeremiah 31:35 Thus said Jehovah, Who is giving the sun for a light by day, The statutes of moon and stars for a light by night, Quieting the sea when its billows roar, Jehovah of Hosts <FI>is<Fi> His name:
Study Lenses
The verse centers on "covenant", "make", "house", "israel", "after", "days", "affirmation", and "jehovah". It is saying that the verse draws attention to "covenant" and "make", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 32's "Not like the covenant that I made..." into verse 34's "And they do not teach any more...", so "covenant" and "make" belong inside that flow. In Jeremiah context, the local focus is covenant, worship, and faithfulness.
A plain takeaway is to answer the verse's own emphasis on "covenant" and "make" with trust shaped by these words, not by a vague optimism outside the passage.