Fed Chair Walsh's blockbuster speech is out! Key takeaway in one sentence: No pre-commitment on rate decisions, no predictions on future policy outcomes. No aggressive hawkish stance, no harsh rate hike rhetoric. After the speech, the market immediately lowered rate hike expectations, the dollar weakened, and U.S. Treasury yields pulled back. Gold and silver got a breather and saw a short-term rebound. But remember! Walsh didn’t promise rate cuts. If inflation rebounds again, the door to rate hikes remains open. This means: Short-term rebound ≠ trend reversal. What do you think? Can the market sustain this rebound after the speech? Let’s chat in the comments!