Rate Cuts

The Bank of Israel cut its benchmark interest rate to 3.5%, the lowest since 2022, signaling potential for further reductions. However, the Finance Minister and manufacturers criticized the decision, arguing it does not address the needs of businesses and households.

Federal Reserve Chair Kevin Warsh stated the central bank will prioritize reducing inflation over implementing rate cuts, despite President Donald Trump's requests. Warsh emphasized the Fed's independence from political influence and indicated a shift in focus since taking office, moving away from earlier calls for lower rates.

Trump selected Kevin Warsh for a role related to rate cuts, but the new Federal Reserve official has indicated plans that contradict this approach. The Fed's shift toward a hawkish monetary policy could impact financial markets and individual savings.

Goldman Sachs revised its year-end gold target to $4,900, reflecting a $500 decrease from the previous forecast. The adjustment follows doubts about upcoming rate cuts, though the new target remains higher than current gold prices.

The US Federal Reserve maintained interest rates but indicated a more hawkish stance under new chair Kevin Warsh, reducing Brazil's central bank's ability to continue rate cuts. The article highlights the narrowing window for Brazil's monetary policy adjustments.

Goldman Sachs revised its forecast for Federal Reserve rate cuts to 2027, anticipating reductions in June and December 2027 following stronger-than-expected May jobs growth. The bank adjusted its timeline after the jobs report exceeded predictions by a significant margin.

Citigroup economists continue to predict Federal Reserve rate cuts despite being in the minority. The article mentions a Citibank branch in New York, highlighting the financial institution's presence.

The strength of the US labor market has delayed the Federal Reserve's rate cuts. This development has pushed back expectations for monetary policy adjustments.

Jolts data indicates the US labor market is experiencing stagnation rather than a freefall. The lay-offs rate has remained stable, and there are few signs of downturn in cyclical industries, weakening the case for rate cuts.

BoE governor Andrew Bailey warns that a Middle East ceasefire would still create uncertainty. He states that rate cuts can only occur when policymakers are 'much more confident'.

The new Federal Reserve chair will face challenges justifying rate cuts during his first meeting in a few weeks. The article highlights the difficulty of this task.

The US economic resilience has reduced the likelihood of rate cuts, while concerns over private credit markets persist. The article references Real Yield's analysis for May 1, 2026, highlighting these economic dynamics.

The Federal Reserve is set to announce its April 29 policy decision, with markets expecting no change in interest rates, which will remain at 3.50%–3.75%. Focus is on Jerome Powell's guidance ahead of his term's end, as his comments could influence expectations about future rate cuts or prolonged tight policy. Global investors, including those in crypto, are monitoring his tone for signals impacting risk assets.

The article discusses Kevin Hassett's comments on policy decisions and the potential trajectory toward interest rate cuts. No specific details or quotes from the speech are provided in the content.

The investigation into Federal Reserve Chair Jerome Powell was dropped, forcing Donald Trump into a political retreat. The decision removes a barrier to potential interest rate cuts by the Fed.

Kevin Warsh, Trump's nominee for the US Federal Reserve, faces scrutiny over his independence during his confirmation hearing. The hearing highlights concerns about his potential alignment with Trump's push for rate cuts, despite Warsh's denial of being a 'sock puppet.'