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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
2025-08-21 06:55

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 Danske Bank analysts wrote in a report that this meant the Fed minutes were "somewhat outdated," leading to a relatively limited market reaction.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)