CICC: Walsh's nomination has limited impact on the rate cut path, and the pressure on the US dollar to depreciate may ease
According to Golden Ten Data, a research report from CICC stated that in the short term, Walsh's nomination has limited impact on the rate cut path, but it may lead to a revision of expectations regarding US dollar liquidity, and the depreciation pressure on the US dollar may temporarily ease. In the medium term, Walsh's proposals face constraints from within the Federal Reserve, capital markets, and fiscal policy, so it remains uncertain whether they will ultimately succeed. Investors should be proactive and make preparations in advance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nvidia (NVDA.US) CEO resigns, causing U.S. stocks to fall; Dow Jones drops 189 points
The resignation of Nvidia CEO Jensen Huang has triggered management turmoil, coupled with espionage rumors, leading to a broad decline in the New York stock market on the 12th. The Dow Jones Industrial Average closed down 189.40 points, with the S&P 500 and the Nasdaq Composite also posting losses, and small and mid-cap stocks experiencing the largest declines. Although the long-term outlook for AI remains unchanged, individual corporate governance risks are significantly weighing on the sentiment of the technology sector, driving funds to shift toward competitors and non-tech blue-chip stocks.
US Senate Finance Committee Chair subpoenas Jensen Huang and Lutnick to testify on Nvidia controversy
Crypto prices
More
