The probability of the Federal Reserve maintaining interest rates in March before the non-farm payrolls announcement is 78.3%.

Federal Reserve Chair Williams Addresses the Worsh Nomination Stalemate, Says It Won’t Affect the Continuity of the Committee’s Work

There is uncertainty regarding Kevin Walsh’s nomination for Federal Reserve chair, because Republican senators oppose moving forward with the nomination, especially as Powell is still under investigation. New York Fed President Williams said this uncertainty does not affect the Federal Reserve, and Powell can continue serving in his position before Walsh is confirmed.

FX Bank Societe Generale: If the Federal Reserve keeps interest rates unchanged this year, the U.S. dollar may trade within a range

French banking analyst Kit Juckes issued a report stating that if the Federal Reserve keeps interest rates unchanged this year, the U.S. dollar will fluctuate. The market expects G10 central banks to raise rates, but Sweden’s economic growth forecast is only slightly higher than that of the United States, which limits the dollar’s appreciation. If the Federal Reserve cuts rates, the dollar could fall.

Federal Reserve Chair Williams: If necessary, monetary policy can be adjusted; for now, we can wait and see how things develop.

Gate News message, April 7, the Federal Reserve’s Williams said that the monetary policy can be adjusted if necessary; for now, it may be observed for the time being. He expects this year’s GDP growth to be 2% to 2.5%, with the unemployment rate remaining stable. Williams noted that the labor market situation is quite complex and expects that core inflation will fall later this year.

Bitcoin is negatively correlated with the global easing breadth index; this week, ETFs recorded their largest net inflow since February

The negative correlation between Bitcoin and global central bank monetary policy suggests that institutional capital has already positioned itself ahead of a potential easing cycle. In the recent spot ETF net inflows have hit a new high, but the market remains choppy and unstable, with weak demand. Corporate allocation has slowed, volatility in the options market has increased, and traders are more inclined to add downside protection.

The central banks of Korea and France team up to discuss digital assets: stablecoin regulation accelerates as global rules are being reshaped

The Bank of Korea and France’s foreign exchange bank held a seminar in South Korea on digital assets and climate-related issues, discussing the impact of central bank digital currency and stablecoins on the financial system. During the meeting, countries discussed how to balance financial innovation and regulation, showing the global emphasis on collaborative research in digital finance.

BlueBay Chief Investment Officer: Japan’s Prime Minister may also be hoping to delay the Bank of Japan’s interest rate normalization

BlueBay Chief Investment Officer Mark Dowding reported that Japan’s Prime Minister Sanae Takaichi is focused on economic growth and may delay the central bank’s normalization of interest rates. He noted that a dovish policy could lead to concerns about inflation and put pressure on Japan’s government bond yield curve, with expectations that the yield curve for 10- to 30-year government bonds will continue to flatten further.