Waller's statement shows a tendency towards interest rate cuts, and the Federal Reserve's policy may be adjusted
According to Jinshi reports, a research report from CICC stated that Federal Reserve Chair nominee Kevin Warsh revealed the core policy proposition of "simultaneous balance sheet reduction and interest rate cuts" during the Senate Banking Committee hearing.
He explicitly opposed normalizing quantitative easing and advocated for a gradual reduction of the Federal Reserve's balance sheet size. Although he did not make a clear commitment, his statements have shown a tendency towards interest rate cuts. This shift may indicate that the narrative of persistent dollar liquidity flooding will face correction.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

September Rate Hike Probability Drops to 35.7%

July PCE at 3.7%, Exceeding Fed's Target for 65 Months

Mixed Trends in Asian Stock Markets: Japan and Taiwan Rise, South Korea and Hong Kong Fall

NVIDIA Acquires Hugging Face for $12.9 Billion

WisdomTree Chief Economist Predicts Warsh's Speech Will Impact Market Trends

Warsh Criticizes Dot Plot and Emphasizes Supply-Side Inflation

Goldman Sachs Warns of Increased Volatility Due to Reduced Communication from the Fed

White House Advisor Hassett Will Not Replace Cook, Supports Rate Cut Stance

Hassett Calls Artificial Intelligence an Important Policy Issue for the Next Two Years

Trump: Fed's Interest Rate Decisions Not Solely Up to Waller

Mastercard and Borderless Pilot Cross-Border Stablecoin Transfer Identity Verification Mechanism

Wash Holds Rates Steady, Triggering U.S. Bond Sell-Off; Market Tightening Effect Exceeds 25 Basis Points Rate Hike

UK Convicts Gang That Stole £4 Million in Cryptocurrency Posing as Police Officers

Cryptocurrency trading startup Fomo completes $75 million Series B funding, led by Index Ventures

Analyst: Internal divisions within the Federal Reserve highlight the challenges facing Waller

The White House: Confident in quickly confirming Waller as the next Chairman of the Federal Reserve

The U.S. Senate Banking Committee is scheduled to review the nomination of Waller as Federal Reserve Chairman on April 16




