Market Outlook: The minutes of the July Federal Reserve meeting are expected to show debate on the interest rate cut issue01928374656574839201

On August 21st, Jinshi Data reported that despite the current focus on the Fed’s interest rate cut in September, at least some Fed officials were eager to discuss this at last month’s policy meeting. How many people belong to this camp and whether other decision-makers also believe that the September Fed interest rate meeting is the preferred starting point for interest rate cuts will be clarified in the minutes of the July meeting, which will be released tonight. The LH Meyer analyst team wrote that the debate over the start of interest rate cuts in July (or interest rate cuts of more than 25 basis points in September) will be closely followed to assess the strength of internal support for interest rate cuts at the Fed, and more importantly, to assess the sensitivity of interest rate cuts, including the scale of interest rate cuts in September, to the slowing labor market.