Analyst: Walsh's debut is imminent, and the market is closely monitoring what signals the new chairman of the Federal Reserve will send According to Golden Finance, on June 17th, the Federal Reserve will announce its interest rate decision for the first time on Wednesday under the leadership of its new chairman, Kevin Walsh. What he said or didn't say at that time will provide clues to the market, allowing the outside world to glimpse the communication style of the Federal Reserve that he promised to change. Market observers will closely monitor the wording changes in the post meeting statement and whether the new chairman has made any adjustments in style. At the same time, they also want to know if Walsh plans to continue holding the post conference press conference. In addition, it is expected that Walsh will push through multiple reforms he previously promised, including reducing the Federal Reserve's balance sheet and refocusing the Fed on monetary policy. James Grant, editor in chief of Grant Interest Rate Observer, believes that Walsh should confront the most disgraceful aspects of the Federal Reserve's own financial situation and clean them up. At the same time, he should also store some gold in the Federal Reserve's underground vault to make it look more dignified. The Federal Reserve currently does not hold any gold. Grant also stated that if the Treasury Department no longer paid for the losses of the Federal Reserve, it would have been unsustainable and the Fed would have been insolvent. If you look closely, you will find that the Federal Reserve's losses on fixed income assets and bonds far exceed the amount listed on its shareholder equity book.