Analyst: The minutes of the Fed meeting are "outdated," focusing on Powell's Jackson Hole speech

At the July meeting minutes of the Federal Reserve, it showed that policymakers were more concerned about high inflation than about the slowing labor market, leading to a slight increase in the US dollar. The minutes pointed out, "Most participants believe that the risk of inflation rising is higher than the risk of the labor market slowing down." The meeting took place before the release of the July US non-farm payroll data, and the July employment data was below expectations. Analysts at Danske Bank stated in a report that this means that the Fed minutes are "somewhat outdated" and that market reactions are relatively limited. Currently, the market's focus has shifted to Federal Reserve Chairman Powell's speech at the Jackson Hole Symposium on Friday.