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“Federal Reserve microphone” Nick Timiraos: The minutes of the Federal Reserve's meetings usually don't reveal much new content, but they reinforce the information already disclosed: first, based on Powell's press conference, the overall sentiment of the committee was hawkish; second, the dependence on data and forecasts was evident, that is, after the August 1 employment report was released, more officials showed openness to cutting interest rates in September.

Zhitongcaijing·08/20/2025 19:09:02
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“Federal Reserve microphone” Nick Timiraos: The minutes of the Federal Reserve's meetings usually don't reveal much new content, but they reinforce the information already disclosed: first, based on Powell's press conference, the overall sentiment of the committee was hawkish; second, the dependence on data and forecasts was evident, that is, after the August 1 employment report was released, more officials showed openness to cutting interest rates in September.