[Walsh's Speech Tomorrow Becomes a Policy Observation Window, Inflation Surprise Breaks Market's Wait-and-See Expectations] BlockBeats News, October 15: September inflation data has shattered the market's previous expectation that the Federal Reserve could continue to wait. In recent weeks, several policymakers had hinted that the Fed did not need to rush into another rate hike, but the latest data has made the October meeting a critical juncture for potential action. Federal Reserve Chairman Kevin Warsh had previously pledged not to guide the market through short-term monetary policy outlooks. However, following the unexpected rise in inflation, the market is paying close attention to his speech in Bangkok on Thursday evening New York time (11:30 AM Beijing time on October 16). During the event, he will engage in a fireside chat with International Monetary Fund (IMF) Managing Director Kristalina Georgieva. The Federal Reserve will enter a media blackout period on Saturday in preparation for the October 27–28 policy meeting. Before that, if the Fed wishes to send signals to the market regarding interest rate decisions, Walsh's speech will serve as a crucial window.