EUR/USD
1.16708
-0.353%
Gold
4539.37
-1.257%
Oil
104.776
7.481%
USD/JPY
160.421
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GBP/USD
1.34697
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GBP/JPY
216.087
0.159%
Real-time News
April 30th - According to the Wall Street Journal, after Federal Reserve officials sent some hawkish signals, Wall Street traders are betting that the Fed may raise interest rates this year, although the probability is still small. CME interest rate futures data shows that traders see an 11% chance of a Fed rate hike this year, up from 5% earlier in the day and 0% on Tuesday, while the probability of a rate cut hovers around 2%.On April 30, when asked whether the Supreme Courts ruling on the Trump administrations attempt to remove Federal Reserve Governor Lisa Cook would affect when he leaves the Federal Reserve Board of Governors, Fed Chairman Jerome Powell said, "I hadnt thought about that before, not really." He added that he had served as a Fed governor for six years and knew what the job was like. He stated that it would be a very normal, standard transition process.According to Iranian state television, Iran says that avenging the death of its leader remains on the agenda.On April 30th, Federal Reserve Chairman Jerome Powell stated at a press conference that monetary policy is likely within a neutral range in terms of its impact on the economy. He said, "I think we are very close to the neutral rate, which is probably in the range of 3% to 4%, while the current target range for the federal funds rate is 3.5% to 3.75%." He added, "If we need to raise rates, we will signal it and raise rates, and vice versa."Federal Reserve Chairman Jerome Powell joked at his final press conference, "I wont see you guys again."
