The upcoming ten minutes are destined to be extraordinary, as the U.S. economy will witness the convergence of two significant events. First, Fed official Bostic will participate in a highly anticipated discussion on monetary policy by the fireside. In the current economic environment, market participants are keenly awaiting every word he says, hoping to catch a glimpse of the Fed's future interest rate policy. The importance of this discussion is self-evident, especially as Bostic's remarks are likely to have a profound impact on market expectations regarding the direction of monetary policy, amidst the balancing act between inflationary pressures and the demand for economic growth.

At the same time, the U.S. wholesale sales month-on-month data for June will also be revealed. The significance of this data should not be underestimated; it not only reflects the state of business activities at the wholesale level but also serves as a barometer for the overall health of the supply chain. By observing the performance of wholesale sales, we can gain insights into the level of activity in the circulation of goods, and thus make a more accurate assessment of the overall economic demand situation. The release of this data will undoubtedly trigger an immediate market reaction, potentially leading to fluctuations in the financial markets in the short term.

The simultaneous occurrence of these two events provides us with a rare opportunity to examine the current state and future direction of the U.S. economy from multiple perspectives. Whether it is the potential changes in monetary policy or the pulse of the real economy, they will be distinctly reflected in this short period. For investors, policymakers, and the general public, closely monitoring this information will help to better understand and respond to the current economic situation.

In this era of rapid information flow, timely grasping these key economic indicators and policy signals is crucial for making wise financial decisions and business strategies. Let us look forward to what new insights this ten minutes will bring to the American economy.