The recently released minutes from the Federal Reserve's July meeting have drawn widespread follow. The minutes indicate that most voting members remain concerned about the potential inflation Rebound caused by tariffs. Their primary consideration is the lasting impact that might result from the large-scale importation of goods in anticipation of tariffs.

This important document also reveals that participants almost unanimously believe that keeping the benchmark interest rate in the range of 4.25% to 4.5% is currently the most appropriate choice. This decision reflects the Federal Reserve's tendency to maintain policy stability in the current economic environment.

It is worth noting that the market's expectations for a possible interest rate cut by the Federal Reserve in September have decreased. The latest data shows that the probability of not cutting interest rates in September has increased by two percentage points compared to before. This change indicates that investors and analysts are adjusting their expectations based on the latest economic indicators and policy signals.

The discussions and decisions of the Federal Reserve will have a profound impact on global financial markets. They not only relate to the economic development of the United States but will also affect the global economic landscape and the monetary policies of various countries. In the current complex and volatile international economic environment, every decision made by the Federal Reserve deserves close follow and in-depth analysis.