CICC: The nomination of Waller has limited impact on the interest rate cut path, and the pressure for dollar depreciation may ease

According to Jinshi reports, the CICC research report states that in the short term, Walsh's nomination has limited impact on the interest rate cut path, but it may lead to a revision of expectations for dollar liquidity, and the pressure for dollar depreciation may temporarily ease.

In the medium term, Walsh's claims face constraints from within the Federal Reserve, capital markets, and fiscal policies, and it is still difficult to conclude whether he will ultimately succeed. Investors should prepare in advance and be ready.