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Will anti-inflation measures boost gold to new highs? Zhou Hao: The Federal Reserve Chairman must either instill fear in the market or make the market reliant
Waller has been nominated as the Chairman of the Federal Reserve, and analyst Zhou Hao believes this marks a new phase for the Federal Reserve. He pointed out that Waller has an academic background and is capable of addressing the current economic uncertainties. Zhou Hao believes the market's reaction to the "Waller trade" is excessive, and the short-term volatility is more a result of market sentiment and position adjustments rather than Waller's direct influence. He expects Waller's impact to be medium to long-term
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