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On August 21, 【Block Rhythm】 the dollar rose slightly after the Fed's July meeting minutes showed that policymakers were more concerned about high inflation than the slowdown in the labor market. The minutes noted, "Most participants believed that the risks of rising inflation outweighed the risks of a slowdown in the labor market." This meeting occurred before the release of the July U.S. non-farm payroll data, which performed below expectations.
Danish bank analysts stated in the report that this means the Fed minutes are "somewhat outdated," and the market reaction has been relatively limited. Currently, the market focus has shifted to Fed Chairman Powell's speech on Friday at the Jackson Hole seminar.
#Crypto Market Rebound# #FOMC July Minutes# #Gate Initial Global Listing YZY#