Fed Meeting Minutes Take a Hawkish Turn! Most Officials Support Another Rate Hike This Year, Dollar Extends Gains

Zhito Finance APP has learned that on Wednesday, the latest meeting minutes released by the Federal Reserve showed that all 19 officials supported a September rate hike, and most participants believed that further rate increases may still be needed before the end of the year. Although market bets on an immediate rate hike in October have clearly cooled, the Fed's maintenance of a hawkish stance continues to provide support for the dollar. At the same time, concerns triggered by France's fiscal situation pushed European bond markets under pressure again, and the euro fell sharply on Wednesday, gradually approaching the 17-month low touched on Monday of this week.