Deep Tide TechFlow News, on August 21, according to Jinshi Data reports, following the Federal Reserve's July meeting minutes showing that policymakers' concerns about high inflation outweigh worries about a slowdown in the labor market, the dollar rose slightly. The minutes noted that "most participants believe the risks of upward inflation are greater than the risks of a slowdown in the labor market." This meeting was held before the July U.S. non-farm payroll data was released, which underperformed expectations.
Analysts at Danske Bank stated in a report that this means the Federal Reserve minutes are "somewhat outdated," and the market reaction has been relatively limited. Currently, market focus is shifting to Federal Reserve Chairman Powell's speech on Friday at the Jackson Hole Symposium.