Morningstar: Waller's statement raises market expectations for a potential Federal Reserve rate hike in the coming months
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```htmlGolden Ten Data, June 18|Lorraine Tan, Director of Morningstar Equity Research (Asia), expects that as the US market declines, Asian markets will react negatively to the Federal Reserve's decision to keep rates unchanged overnight. Overall, since this is the first policy decision since Walsh took office as the new Chair, the rate decision itself is not surprising. Although the decision was unanimously approved, the brief statement provided almost no forward guidance, which creates a certain degree of uncertainty. As a result, the market sees a higher chance of rate hikes in the coming months than pauses. If the yield on short-term US Treasury bonds continues to rise due to this expectation, it could further dampen market sentiment.```
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