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Analysis: Walsh's reticence makes the Fed's June meeting minutes even more important.

MarsBitNews
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Mars Finance reported that on July 5, George Gonçalves, Head of U.S. Macro Strategy at MUFG Securities Americas, said that the concise style of the minutes from the June meeting gives them more weight than usual, providing a valuable perspective for observing the different positions among Fed officials. “The minutes will become more important because, up to now, we don’t know what the Fed is thinking,” Gonçalves said. “Seeing how they debate and what they focus on will be enlightening.” He added that some investors have already questioned Wash’s “hands-off” approach, and many hope for a return to greater transparency. Many market participants are not used to less information, and there is still a considerable degree of skepticism about how long the Fed can maintain this. Now we can only interpret the meaning between the lines. (Jinshi)
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