BlockBeats News, June 11th. According to CNBC, U.S. President Trump has recently shown a significant change in his stance on inflation and interest rates. After the year-on-year increase in May's CPI by 4.2%, he publicly stated, "I like inflation," and described the related data as "great," which contrasts with his previous frequent criticisms of former Fed Chair Powell.

Market analysis believes that this attitude shift may provide a more accommodative political environment for the new Fed Chair, Kevin Wash, in making monetary policy decisions, allowing him to withstand less political pressure to cut interest rates immediately.

The report stated that the current market generally expects the Federal Reserve to maintain the federal funds rate at 3.5% to 3.75% during the upcoming June 17th interest rate meeting.

Since taking office, Wash has repeatedly emphasized the need to focus on the "potential inflation rate" rather than short-term price fluctuations and tends to maintain a cautious stance until inflation does not clearly recede. The recent uptick in inflation due to energy prices and geopolitical conflicts has also reinforced some regional Fed officials' views on delaying rate cuts or even reassessing the possibility of rate hikes.

Analysts point out that Trump's public statement on Wash's need to "remain independent" may provide the Fed with a certain policy buffer in the short term. The market will focus on this interest rate meeting and its subsequent press conference to assess whether there is a structural change in the monetary policy path.