Affected by the rise in energy prices, the sell-off of US bonds and concerns about fiscal deficits, the yield of US 30-year treasury bond bonds rose to the highest level since 2007. Trump said he would 'let Walsh do what he wants', calling him' very talented '. Analysts point out that the Federal Reserve's interest rate decisions are jointly determined by the FOMC, and there may be some buffer space in the early stages of the Bush administration. At present, there is less support for short-term interest rate cuts within the Federal Reserve, and market expectations for rate cuts within the year have cooled down. Economists believe that inflationary pressures and war may lead to a recession before interest rate cuts. JPMorgan analysis suggests that it will be more difficult for Walsh to push for a rate cut this year.