[Institution: The Federal Reserve's Communication Challenges the Market, Potentially Dragging Down Long-Term Bonds and Stocks] Deep Tide TechFlow reports, on July 30, Eckhard Schulte, Chairman of the Board at MainSky Asset Management, stated in a report that Federal Reserve Chair Walsh's avoidance of providing any form of forward guidance makes it extremely difficult for the market to form a coherent analysis of Federal Reserve policy. The market will have to adapt to this communication style; the resulting high level of uncertainty could weigh on the stock market, long-term bonds, and the dollar. Walsh explicitly emphasized that the Federal Reserve is serious about its 2% inflation target and intends to achieve it. However, he did not provide a coherent explanation as to why the Federal Reserve did not heed the opinions of the three dissenting members advocating for a rate hike. (Jin10)