Institution: Walsh's stance is slightly more dovish than Powell's.

With Kevin Wash confirmed as the next Chairman of the Federal Reserve, obstacles seem to be diminishing, and the market is reevaluating what this change may bring. AMP's Chief Economist Shane Oliver stated that Wash is committed to maintaining the independence of the Federal Reserve, and he may prioritize AI transformation over employment. Oliver said that he may also place more emphasis on trimmed mean inflation rather than the core personal consumption expenditure price index, but this may be seen as a selective choice. Oliver added that his stance may be slightly more dovish than Powell's, but there will be no fundamental differences.