On August 31, Federal Reserve Chairman Kevin Walsh delivered a brief address at the G20 finance ministers and central bank governors meeting in Asheville, North Carolina. In his speech, Walsh expressed strong optimism about the US economy and the global macro outlook. In his speech, Walsh reiterated the core views he put forward at the Jackson Hole Global Central Bank Annual Meeting. He pointed out that when he took up his new job for 100 days, it can be clearly asserted that “long-term stagnation” has become a historical term, and that the economy is currently entering a new cycle of “long-term growth.” Furthermore, Walsh defined the current macroeconomic climate as a “global investment wave.” This statement is in line with what he has repeatedly emphasized in recent months — that is, the explosion of artificial intelligence technology is being used as a key driver, driving huge capital flows to the enterprise side, thereby stimulating a new round of commercial growth and capital expansion.

On August 31, Federal Reserve Chairman Kevin Walsh delivered a brief address at the G20 finance ministers and central bank governors meeting in Asheville, North Carolina. In his speech, Walsh expressed strong optimism about the US economy and the global macro outlook. In his speech, Walsh reiterated the core views he put forward at the Jackson Hole Global Central Bank Annual Meeting. He pointed out that when he took up his new job for 100 days, it can be clearly asserted that “long-term stagnation” has become a historical term, and that the economy is currently entering a new cycle of “long-term growth.” Furthermore, Walsh defined the current macroeconomic climate as a “global investment wave.” This statement is in line with what he has repeatedly emphasized in recent months — that is, the explosion of artificial intelligence technology is being used as a key driver, driving huge capital flows to the enterprise side, thereby stimulating a new round of commercial growth and capital expansion.