After the release of the Federal Reserve's July meeting minutes, market expectations for a rate cut in September have decreased.

BlockBeats News, on August 21, the Federal Reserve released the minutes from the July meeting this morning, which pointed out that the trade war brings significant uncertainty and the downward revision of non-farm payrolls exacerbates concerns about economic slowdown.

According to Polymarket data, the current market expectation for a 25 basis point rate cut in September has dropped to 68%, and the probability of a 50 basis point cut has fallen to 2%.