Analysts: Don't expect Chair Walsh to offer forward guidance tonight

Odaily Planet Daily News: Tonight, investors will hear again from Fed Chair Walsh, another public speech following his debut at the Fed policy meeting two weeks ago. However, investors should not expect him to actually provide forward guidance on future monetary policy, as Walsh has clearly expressed a desire to reduce the use of forward guidance, believing it is unhelpful to the Fed in practice. But he might offer some insights on how to assess inflation and the economy.

Krishna Guha, Head of Strategy and Economics at Evercore ISI, said: "We will be watching how he articulates the inflation outlook and its drivers, including falling oil prices, easing inflation expectations, other commodities, a stronger dollar, and the spillover effects of AI cost reductions." (Jinshi Data)