The Walsh-style emerges: the Federal Reserve's statement shifts towards the "low transparency" phrasing seen before the financial crisis.
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Golden Ten Data reported on June 18 that analysts believe the influence of Federal Reserve Chairman Waller has become more evident in the latest policy statement, with his wording style gradually approaching that of the Federal Reserve's communication prior to the global financial crisis. Analysts point out that the Fed's attempt to reduce the transparency of its communication may temporarily lessen daily market fluctuations in the short term, but if the Fed's policy response mechanism or economic data unexpectedly deviates from expectations, it could result in more drastic and sudden market reactions.
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