Philip Shaw, Chief Economist at Investec, noted that while markets have largely digested the strong rumors surrounding预期 shifts, downside pressure on the dollar remains. Investors will now focus on the stance of key economic figures on critical issues, particularly interest rate policy and balance sheet management.
Shaw emphasized that the U.S. fiscal trajectory remains unsustainable, and the new appointment does not necessarily signal reduced potential for presidential intervention in the Fed or other governmental operations.
Although the dollar's weakness risk has eased somewhat following the latest developments, it remains a significant concern in the broader economic outlook.