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Analysts: The Fed meeting minutes have limited impact on the market, and more attention is paid to Powell's Jackson Hole speech
5hours ago

Odaily Planet Daily reports that the US dollar rose slightly after the minutes of the Federal Reserve's July meeting showed that policymakers were more concerned about high inflation than a slowing labor market. The minutes noted that "most participants viewed the risks of inflation as higher than those of a slowing labor market." The meeting preceded the release of July's US non-farm payroll data, which fell short of expectations. Danske Bank analysts wrote in a report that this meant the Fed minutes were "somewhat outdated," leading to a relatively limited market reaction. Market attention now shifts to Fed Chairman Powell's speech at the Jackson Hole Symposium on Friday. (Jinshi)