Wells Fargo: Federal Reserve interest rates are expected to remain unchanged, and Federal Reserve Chairman Kevin Walsh's communication style will exacerbate market volatility

According to Golden Ten Data, Paul Christopher, Global Investment Strategy Director at the Investment Research Institute of Wells Fargo, stated that it is expected that the Federal Reserve interest rate will remain unchanged. Luis Alvarado, co head of global fixed income strategy at the research institute, pointed out that Federal Reserve Chairman Kevin Walsh has made it clear that bringing inflation back to 2% remains the Fed's top priority. Luis Alvarado stated that the biggest change that Federal Reserve Chairman Kevin Walsh may bring is in communication style, where investors should expect increased policy flexibility and greater market volatility between meetings.