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Analyst: Don't Expect Walsh to Provide Forward Guidance Tonight

AirdropBlackHole
On July 1, investors will once again hear from Federal Reserve Chairman Walsh, marking his second public appearance since his debut at the Fed's policy meeting two weeks ago. However, investors should not expect him to offer any forward guidance on future monetary policy, as Walsh has clearly stated his desire to reduce the use of forward guidance, believing it is not helpful for the Fed in practice. He may, however, provide some insights on how to assess inflation and the economy. Krishna Guha, head of strategy and economics at Evercore ISI, stated: "We will be paying attention to how he articulates the inflation outlook and its drivers, including falling oil prices, easing inflation expectations, other commodities, a stronger dollar, and the cost spillover effects of artificial intelligence." (Jin Ten)
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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