Walsh Nomination's Limited Impact on Rate Cuts, Dollar Liquidity

According to ChainCatcher, a report by CICC suggests that in the short term, the nomination of Walsh is expected to have limited impact on the path of interest rate cuts. However, it may lead to an adjustment in expectations regarding dollar liquidity, potentially easing the pressure on the dollar's depreciation temporarily. In the medium term, Walsh's proposals face constraints from within the Federal Reserve, capital markets, and fiscal policies, making it difficult to predict their ultimate success. Investors are advised to prepare accordingly.