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After the release of the Fed's July meeting minutes, the market expects the probability of a rate drop in September to decrease.
BlockBeats news, on August 21, the Fed released the minutes of the July meeting this morning, which pointed out that the tariff 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 fallen to 68%, while the probability of a 50 basis point cut has dropped to 2%.