On October 19, in an interview with Surge News and other media at the 2026 Bund Annual Meeting, Donald Cohen said that Federal Reserve Chairman Kevin Walsh may have contracted too much in terms of forward-looking policy communication, and the central bank needs to build a complete economic narrative to interpret the data. In his view, new demand driven by AI investment combined with energy supply shocks continues to hinder the decline in US inflation. The effects of easing Russian diesel imports are limited, and current financial conditions are not necessarily tight enough; although dollar reserves have slowly declined, there is no risk of a sharp decline in the dominant position.

On October 19, in an interview with Surge News and other media at the 2026 Bund Annual Meeting, Donald Cohen said that Federal Reserve Chairman Kevin Walsh may have contracted too much in terms of forward-looking policy communication, and the central bank needs to build a complete economic narrative to interpret the data. In his view, new demand driven by AI investment combined with energy supply shocks continues to hinder the decline in US inflation. The effects of easing Russian diesel imports are limited, and current financial conditions are not necessarily tight enough; although dollar reserves have slowly declined, there is no risk of a sharp decline in the dominant position.