The White House has announced that Waller will be sworn in as the new Federal Reserve Chair on May 22 at 11:00 AM, aligning with 11:00 PM Beijing Time. Market expectations, as reflected in CME's "FedWatch" data, indicate a strong likelihood of maintaining current interest rates following Waller's appointment. There is a 96.8% probability that rates will remain unchanged in June, with a 3.2% chance of a 25-basis-point increase and no anticipated rate cuts.