Waller's first policy statement did not stir the market, and the interest rate hike remains uncertain

According to Jinshi, Ryan Detrick, Chief Market Strategist of Carson Group, stated that the meeting hosted by Waller for the first time did not cause much of a stir. The market realizes that inflation is clearly heating up, but the economy remains resilient. The market generally expects that there is a high probability of no interest rate cuts this year, which has been further confirmed. The next question is whether there will actually be an interest rate hike, or if the Federal Reserve will remain on the sidelines for the rest of the year.