On July 1, investors will once again hear from Federal Reserve Chairman Walsh, marking his second public appearance since his debut at the Fed's policy meeting two weeks ago. However, investors should not expect him to offer any forward guidance on future monetary policy, as Walsh has clearly stated his desire to reduce the use of forward guidance, believing it is not helpful for the Fed in practice. He may, however, provide some insights on how to assess inflation and the economy. Krishna Guha, head of strategy and economics at Evercore ISI, stated: "We will be paying attention to how he articulates the inflation outlook and its drivers, including falling oil prices, easing inflation expectations, other commodities, a stronger dollar, and the cost spillover effects of artificial intelligence." (Jin Ten)