The Federal Reserve Chairman, Kevin Walsh, will make a major presentation at Jackson Hall

The Federal Reserve Chairman, Kevin Walsh, will be giving a much-awaited keynote address at the annual Jackson Hall meeting on Friday, and the market is trying to predict what he will say about key issues of economic and monetary policy. Walsh will address the annual session this year on the theme “Financial innovation: impact on payments and policies”. Since he took office in May, the market ' s emphasis on market direction rather than the Fed ' s signal has filled his speech with uncertainty. Analysts generally agree that Walsh may give a high-level overview of the Fed ' s functions rather than a specific economic assessment. As the rate of return on the national debt rises, the Walshian speech will face higher market attention. Last week, the Minister of Finance, Scott Besent, announced that he would double the scale of the debt that had been issued, an initiative that could cause hardship to Walsh. The market's reaction to Walsh and his ability to express his views clearly will be crucial。