Strategists warn that Walsh's rate cut declaration may lead to a contraction in global liquidity
ChainCatcher News, according to Golden Ten Data, Damian Boey, portfolio strategist at Wilson Asset Management, stated that Walsh prefers to lower interest rates, but in order to achieve rate cuts, hopes the Federal Reserve will shrink its balance sheet. The market is reacting by considering what the world would look like if the Federal Reserve's balance sheet is reduced. Once talk begins about withdrawing support, assets such as gold, cryptocurrencies, and bonds will be sold off.
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