Wosh is unlikely to raise interest rates for sure, but it doesn't rule out implementing a policy of "cutting rates + shrinking the balance sheet." As for whether this is positive or negative, it depends on their specific statements. So, let's briefly analyze some possible scenarios:

"Cut rates + no balance sheet reduction," if Wosh explicitly indicates room for rate cuts and does not mention balance sheet reduction (or states that there are no plans for it in the near future), this is a big positive.

"No rate cut + no balance sheet reduction," if Wosh states that they will continue to hold steady, this is a neutral statement, and the market won't be significantly affected.

"Cut rates + balance sheet reduction," this is the most complex scenario. Rate cuts are positive, but balance sheet reduction is negative. However, shrinking the balance sheet has a greater impact on market liquidity than rate cuts, so overall it leans more towards negative.

"No rate cut + rapid balance sheet reduction," this is definitely a big negative, as market liquidity would shrink sharply, triggering a new round of sell-offs.

Based on current data, if the signals are expected to be relatively stable, it all depends on how Fed Chair Wosh performs in his first appearance...#Gate现货交易量增幅全球第一 $BTC