Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Watch Out: Crucial Day Today as Fed Minutes Are Released – Here’s the Time and What the Experts Are Saying

Watch Out: Crucial Day Today as Fed Minutes Are Released – Here’s the Time and What the Experts Are Saying

CryptoNewsNet2025/08/19 22:30
By: en.bitcoinsistemi.com

Fed officials have long been unusually divided on the issue of interest rate cuts. The minutes of the July meeting, to be released today, will reveal just how deep this division runs.

The Fed minutes will be released today at 9:00 PM (UTC+3).

At the Federal Open Market Committee (FOMC) meeting held on July 29-30, interest rates were held steady at 4.25%-4.5%. However, the decision was made with the opposition of two board members, the first in over 30 years. Michelle Bowman and Christopher Waller had previously announced their support for a quarter-point rate cut.

While statements from Fed officials since the meeting have varied in tone, most remain cautious, particularly regarding the impact of new tariffs on inflation. Conversely, many potential candidates to replace Jerome Powell have openly advocated for rate cuts, further fueling interest in the minutes.

Market expert Ed Yardeni commented, “The minutes may reveal how persistent the doves are and how rigid the hawks are.” Data released since then has complicated the picture. July employment data pointed to a slowdown in the labor market, while on the inflation front, consumer prices fell and producer costs rose.

Meanwhile, pressure from the White House to cut interest rates is growing. Treasury Secretary Scott Bessent argued that the rise in the producer price index was largely due to the surge in the stock market. Komal Sri-Kumar, President of Sri-Kumar Global Strategies, warned, “The risk of economic policies being influenced by political pressures is increasing.”

Fed officials have always emphasized that they steer clear of political debate and base their decisions solely on employment and price stability. However, the ongoing search for a new chairman has made maintaining this independence more difficult. “The Fed's independence is based less on legal guarantees than on a shared understanding that monetary policy should be free from partisan influence,” Sri-Kumar said. “This norm is currently under significant pressure.”

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trump confirms meeting with Xi Jinping! Easing expectations between China and the US ignite the crypto market, with bitcoin leading the rally!

U.S. President Trump has confirmed that he will meet with Chinese President Xi Jinping at the APEC Summit in South Korea on October 31. Following the announcement, the cryptocurrency market saw a broad rebound: bitcoin rose by about 2%, ethereum and BNB both gained over 3%, and solana increased nearly 4%. Analysts believe that the easing of U.S.-China relations and expectations of a trade agreement are boosting market sentiment, and the long-term bull trend remains intact.

MarsBit2025/10/19 21:17

Trending news

More
1
Trump confirms meeting with Xi Jinping! Easing expectations between China and the US ignite the crypto market, with bitcoin leading the rally!
2
3 Resilient Altcoins Showing Strength Amid the Market Downturn

Crypto prices

More
Bitcoin
Bitcoin
BTC
$108,914.71
+1.63%
Ethereum
Ethereum
ETH
$4,004.67
+3.04%
Tether USDt
Tether USDt
USDT
$1
+0.01%
BNB
BNB
BNB
$1,116.29
+2.12%
XRP
XRP
XRP
$2.4
+1.50%
Solana
Solana
SOL
$188.91
+0.75%
USDC
USDC
USDC
$1.0000
+0.02%
TRON
TRON
TRX
$0.3206
+2.44%
Dogecoin
Dogecoin
DOGE
$0.1961
+3.51%
Cardano
Cardano
ADA
$0.6561
+3.48%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter