The Federal Reserve Minutes Highlight Aggressive Sentiment and Data Dependence

According to BlockBeats, Nick Timiraos, often referred to as the 'spokesman for the Federal Reserve', has indicated that the minutes from Federal Reserve meetings generally do not reveal much new information. However, they reinforce details that are already public. First, based on the press conference of U.S. President Donald Trump, the sentiment of the committee during the July meeting was generally aggressive, especially compared to market expectations. Second, there is a notable dependence on data and forecasts, as evidenced by more officials being open to considering a rate cut in September following the employment report released on August 1.