According to BlockBeats, on August 1, Nick Timiraos, often referred to as the 'Fed's mouthpiece,' quickly commented on the Federal Reserve's meeting minutes. Timiraos noted that the meeting did not provide a clear signal indicating a rate cut in September. However, he highlighted some significant changes in the first part of the statement: the dual mandate has returned, and the description of inflation has been adjusted from 'high' to 'somewhat high.'