Federal Reserve's July Meeting Minutes Release Key Signals: Rate Cut Uncertain, Stablecoins Become New Focus
#美联储7月会议纪要 On August 20, 2025, the U.S. Federal Open Market Committee (FOMC) released the minutes of the monetary policy meeting held on July 29-30. This highly anticipated document not only revealed the intense competition within the Federal Reserve between inflation and employment but also, for the first time, included payment stablecoins in the core agenda of monetary policy discussions, injecting new imaginative space into the virtual currency market.
1. Policy deadlock: The fog of rate cuts in September is thick.
The meeting minutes show that the Federal Reserve decided to keep the federal funds rate unchanged in the range of 4.25%-4.5% by a vote of 9 to 2. Although most officials believe that the current monetary policy stance is 'moderate or slightly tightening,' sufficient to cope with economic fluctuations, Vice Chair Michelle Bowman and Governor Christopher Waller voted against it, arguing for an immediate rate cut of 25 basis points to prevent further deterioration of the labor market.
Brothers! The ultimate PUA project Btr is back with this task Once again, completing it requires the price of a house 😂 Damn, are people really doing this? The first task alone has a gas fee of 0.4U Wow, haha, maybe the common folks should just do the first task This project feels like it's been a trap since the first task It feels like I'm stuck; I can't convert the BTC back, and whether to do it or not is a dilemma. Ultimate PUA, if I don’t do enough gas, if I don’t do it, I’ll lose a big portion of my BTC when I pull it back. So let’s just go with it, brothers, I feel like this airdrop is going to backfire Principle of pulling hair: the simpler it is, the bigger the gain; for something like this that keeps asking for money, I boldly predict it’s likely to backfire. The project team should learn from XNY (including that BAS task isn’t any good either)
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