The Wosh era has arrived! Wall Street suddenly realizes:

The "gentle Powell" from before is gone for good.

The biggest change in the global markets recently isn't data, but people.
After Kevin Wosh officially took over the Federal Reserve, the market suddenly realized:
The tone of monetary policy has completely changed.
Although Powell used to be tough-talking, the market always felt:
"After a dip, the Fed will still come to the rescue."
Now that Wosh is in charge, Wall Street suddenly finds:
This guy really doesn’t seem afraid of market declines.

As a result, CME rate hike expectations instantly heated up, and traders even started betting on another rate hike within the year.
Why is the market suddenly so panicked?
Because Wosh is a typical "hawkish thinker."
In his view, the biggest enemy isn't an economic slowdown, but:
Inflation spiraling out of control again.

Now, America's biggest problem is that the economy hasn't fully recessioned, but inflation remains stubborn.
Simply put:
The economy isn't dead, and inflation isn't dead either.
This makes the Fed particularly uncomfortable.
If they cut rates too early, the rate hikes of the past two years might have been for nothing; if they stay tough, they risk pushing the economy into a recession directly.

So, I think at the June meeting:
Most likely no rate hike, but extremely hawkish.
For example:
* Dot plot raised
* Fewer rate cuts projected
* Emphasize inflation risks
* Continue to stress "higher for longer"

In plain language:
"Stop dreaming, the era of low interest rates hasn't returned."

And the market’s biggest current problem is actually:
Asset prices have already celebrated too early.
AI stocks are soaring, crypto markets are reactivating, and risk appetite is clearly rising.

What does this look like from the Fed’s perspective?
It’s "you guys aren’t taking high interest rates seriously at all."
So Wosh is very likely to continue "talking down the market."
Because sometimes the Fed doesn’t need to actually hike rates; just making the market afraid is enough.

And the real danger is:
If inflation data rebounds again in the next two months, Wosh might actually hike rates again.
At that point, the global markets might suddenly realize:
"The rate hike cycle isn’t over yet."
That kind of shock would be even more powerful than before.

Because the biggest consensus in the market now is:
"It’s impossible to hike again."
And capital markets love to shatter that "consensus." #Polymarket每日热点