Tonight at 10 PM, the hearing for the next U.S. Federal Reserve Chair, Walsh, will impact global markets, affecting the crypto space and gold and silver—don’t miss it.

Walsh used to be hawkish, opposing liquidity easing and rate cuts while advocating for anti-inflation measures and balance sheet reduction, but now he openly supports rate cuts, catering to what Trump is expected to do—this contrast is a market wildcard.
During the hearing, listen closely for four key points:
- Whether he’s truly dovish or just pretending, and his attitude toward inflation will determine when rate cuts arrive.
- His position on balance sheet reduction—shrinking Fed assets significantly can be as powerful as rate hikes.
- Whether he will compromise under pressure to cut rates from the “hawkish” side, which concerns the Fed’s independence and the direction of subsequent policy.
- Whether he will use AI to raise productivity as a justification for rate cuts, saying that AI can suppress inflation—once that line is said, the market will react.
Impact on assets:
- A hawkish tone and emphasis on rapid balance sheet reduction will put pressure on U.S. growth stocks and China’s A-share overvalued sectors.
- Releasing a clear rate-cut signal will spark a rebound in tech growth, and lift overall risk appetite.
- Gold and silver: When hawks speak, the stronger dollar and rising rates lead to a short-term pullback in gold and silver; when doves speak, a weaker dollar leads to a rebound in gold and silver.
- The most likely outcome is a mix of hawkish and dovish signals—stocks and gold and silver will first trade sideways before choosing a direction.
Highlight: Keep an eye on these 3 keywords for rate cuts: the timing, the balance sheet reduction pace, and the inflation outlook.
This hearing is a market bellwether. Whether you’re in the crypto space or investing in gold and silver, you need to watch the signals closely. After the hearing ends, Jingyi will interpret the impact immediately. #GatePreIPOs首发SpaceX