News Events

DOJ to Appeal Ruling Blocking Powell Subpoenas as Fed Investigation Intensifies

U.S. Attorney Jeanine Pirro confirmed that the investigation into the Federal Reserve is ongoing despite legal challenges. The Department of Justice plans to appeal a judge's order that blocked subpoenas issued to Fed Chairman Jerome Powell. This probe is jeopardizing the confirmation of Kevin Warsh, President Trump's nominee to replace Jerome Powell.

25 articles4 stories

USDDXY

Kevin Warsh Fed Nomination Sparks Debate Over Shift to Inflation Target Range

On April 21, Fed chair nominee Kevin Warsh is scheduled to testify before the Senate Banking Committee. Warsh has previously indicated support for a range-based approach to inflation targets rather than a fixed point. He emphasized the importance of monetary policy independence and stated during his confirmation hearing that the Fed should 'stay in its lane.'

46 articles5 stories

DXYUS10Y+2

FOMC March 2026 Minutes Reveal Policy Deliberations and Inflation Outlook

On April 16, 2026, the Federal Reserve released the minutes from its March 17-18, 2026 meeting, detailing discussions on monetary policy and inflation outlook. The minutes reveal members' views on current economic challenges and their impact on future policy decisions.

4 articles4 stories

DXYUS10Y+2

Legal Ambiguity Over Fed Chair Succession Sparks Market Uncertainty

A legal dispute between the White House and the Federal Reserve has sparked market uncertainty regarding who takes command if the Chair's term expires without a confirmed successor. Current law does not explicitly state what happens when the Chair's term ends without a confirmed replacement in place.

11 articles4 stories

DXYUST 10Y+1

Singapore Tightens Monetary Policy for First Time in 3 Years Amid Inflation Risks

On April 14, Singapore's central bank tightened monetary policy settings for the first time in over three years. This decision acts as a buffer against the economic fallout from the war in the Middle East.

19 articles6 stories

SGD/USDSGD/JPY+1

Oil Shocks Pose Policy Dilemma for Central Banks Amid Inflation Fears

Central banks face a policy dilemma due to oil shocks amid inflation fears. Policymakers are wary of repeating the mistake of waiting too long to raise rates as they did after the pandemic. There is a misconception among investors that the current oil shock will inevitably lead to policy tightening. However, there is a fundamental difference between demand-driven inflation and supply-side shocks. In another development, a cease-fire was reached between the U.S. and Iran, reflecting shifts in global financial markets.

10 articles6 stories

DXYXTI/USD+2

Fed Pauses Rate Cuts as Powell Adopts Somber Tone on Economic Outlook

On March 19, the Federal Reserve paused interest rate cuts, maintaining current levels. Fed Chair Jerome Powell adopted a notably somber and regretful tone during his remarks. On March 21, President Trump stated that he does not want to pursue a cease-fire, while hopes emerged on March 26 that the U.S. and Iran are negotiating a cease-fire.

8 articles2 stories

USDSPY+1

Fed Rate Cut Forecasts Under Pressure Amid Oil Price Volatility and Geopolitical Risks

Fed rate cut forecasts are under pressure due to oil price volatility and geopolitical risks. On March 18, the Fed decided to keep interest rates unchanged while projecting one cut in 2026. However, inflation concerns driven by war and rising oil prices are prompting shifts in monetary policy expectations. Global markets are entering a decisive 'Judgment Week' to assess the future path of interest rates.

29 articles4 stories

DXYUS10Y+3

RBA Raises Interest Rates to 4.10% Amid Persistent Inflation Concerns

On March 17, the Reserve Bank of Australia raised the cash rate target by 25 basis points to 4.10% amid ongoing inflation concerns. The RBA noted that capacity pressures contributed to rising inflation, warning that fuel-price shocks related to the Iran war could push inflation higher. Further rate hikes are expected in June and August, with peak interest rate forecasts revised to 4.85%.

44 articles4 stories

AUD/USDAUD/JPY+1

Central Bank Super-Week: Fed and Global Peers Set to Decide Interest Rate Paths

Last week, significant decisions were made by central banks, with the FOMC meeting discussing interest rates, which were held at 3.5%-3.75%. Additionally, equity indices fell, with the Nifty 50 dropping 1.24% to 23,018.25. Meanwhile, oil prices surged above $110 due to the Iranian conflict, raising inflation concerns.

105 articles10 stories

EUR/USDUSD/JPY+5