TradFi Fall Alert: USDINR (US Dollar vs Indian Rupee) Falls Over 1%

Federal Reserve Governor Bowman: May Only Cut Rates Three Times for Rest of Year

Federal Reserve Governor Michelle Bowman indicated that, given current conditions, the central bank might reduce interest rates only three times for the rest of the year.

Fed's Williams Signals Pause on Rate Changes, Says Monetary Policy in 'Good Position'

Federal Reserve official John Williams affirmed a steady monetary policy outlook, projecting 2% to 2.5% economic growth and stable unemployment around 4.25% to 4.5%. Inflation is expected to decrease from 2.75% to 3% in 2026 to 2% in 2027.

US Ends Oil Waivers for Iran and Russia, Threatens Secondary Sanctions on Buyers

The Trump administration will not renew sanctions waivers for Iranian and Russian oil, prompting threats of secondary sanctions against countries, particularly China, buying Iranian oil. This decision ends efforts to stabilize global oil prices amidst ongoing Middle East tensions.

Fed’s Goolsbee warns rate cuts may be delayed until 2027 on Iran war oil shock

Austan Goolsbee warns that high oil prices from the Iran war may prevent the Federal Reserve from cutting interest rates until 2027, prolonging inflation above the 2% target and leading to a "higher for longer" interest rate scenario.

Indonesian Rupiah Hits Record Low Against Singapore Dollar Amid Iran War Oil Shock

Indonesia's rupiah has hit a record low against the Singapore dollar due to rising oil prices and capital outflows from financial markets. Concerns about demand for Singaporean services and export flows to Indonesia are growing. The central bank's interventions aim to stabilize the currency.

Eurozone March CPI Rises to 2.6% Year-on-Year, Beating Initial Forecast of 2.5%

Eurozone consumer price inflation rose to 2.6% in March, surpassing February's 1.9% and the initial estimate of 2.5%. Core CPI fell slightly to 2.3%, down from 2.4% in February.