CICC: Wosh's nomination has limited impact on the rate cut path, and the pressure for USD depreciation may ease

ChainCatcher News reports that according to Jinshi, a China Securities Research report states that in the short term, Wosh’s nomination has limited impact on the easing path but may lead to a revision of dollar liquidity expectations, potentially easing the pressure on the dollar’s depreciation phase. In the medium term, Wosh’s stance faces constraints from the Federal Reserve internal factors, capital markets, and fiscal policies, and it remains uncertain whether he can succeed. Investors should be prepared and make contingency plans.