Fed spokesperson: The overall sentiment of the committee at the July meeting was hawkish, with more officials expressing an open attitude towards a rate cut in September.

On August 21, "Fed's megaphone" Nick Timiraos: The Fed's meeting minutes usually do not reveal too much new information, but they reinforce the publicly available information: first, according to Powell's press conference, the overall sentiment of the committee during the July meeting was hawkish (at least compared to the market's prior expectations); second, the dependency on data and forecasts has become apparent, as after the employment report was released on August 1, more officials have shown an openness to a rate cut in September. ( Jin10 )