The Federal Reserve's meeting minutes reinforce hawkish sentiment, with an open attitude towards rate cuts in September
ChainCatcher news, according to Jinshi reports, "Fed's mouthpiece" Nick Timiraos stated that the Fed's meeting minutes usually do not reveal too much new information but reinforce what has already been made public. According to Powell's press conference, the overall sentiment of the committee during the July meeting was hawkish. Furthermore, after the employment report was released on August 1, more officials expressed an openness to a rate cut in September.
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