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Federal Reserve Chairman Walsh's first monetary policy report to Congress today

Today, Federal Reserve Chairman Kevin Walsh will appear before Congress at 10 a.m. Eastern Time to give testimony on the first monetary policy report. The market will be concerned about whether he would suggest that continued inflation could force interest rates to increase. According to market expectations, there are three possible outcomes: hawks: an increase in interest-rate concerns, an increase in the United States dollar and rates of return, a decrease in interest-rate concerns, a decrease in returns, and a possible rebound of risk assets: without new guidance, the market will refocus on inflation data. At present, Polymarket is projected to increase interest rates by 36 per cent, up from 15 per cent last week。

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