The minutes of the Federal Reserve's monetary policy meeting will be released tonight at 2 AM. This highly anticipated document is expected to reveal increasing policy divergences within the Fed. It is reported that there were two dissenting votes during the July meeting, a rare occurrence that reflects significant disagreements among decision-makers regarding the future Intrerest Rate path.

In the current complex economic environment, the Federal Reserve is facing pressure from multiple fronts. On one hand, inflationary pressures still exist, and on the other hand, concerns about slowing economic growth are increasing. This situation has led to a fierce debate between so-called 'hawks' and 'doves', with the former advocating for maintaining high Intrerest Rates to curb inflation, while the latter tends to favor cutting rates to stimulate the economy.

The release of the minutes from this meeting will provide important clues for market participants and policy observers, helping to understand the Federal Reserve's assessment of future economic trends and the possible policy measures it may take. In particular, the market generally expects to gain more guidance from the minutes regarding the timing and magnitude of interest rate cuts.

As the uncertainty of the global economic situation increases, the decisions made by the Federal Reserve will have far-reaching effects on the global financial markets. Investors and analysts will closely monitor this document in hopes of capturing clues about the future direction of U.S. monetary policy.