Bank of Japan Flags Offshore Hedge Fund Deleveraging as Risk to Bond Market

Trump Says U.S. Should Always Maintain Lowest Global Interest Rates

Gate News message, April 21 — U.S. President Donald Trump stated that "the United States should always maintain the lowest global interest rates." Trump noted that interest rate adjustments have played a role in addressing inflation concerns.

Fed Chair Nominee Kevin Warsh Defends Trump's Interest Rate Comments, Advocates for Fed Independence

Warsh argues for Fed independence while tolerating political discussion of rates; warns against climate/social-policy overreach and notes his tech ties could favor a tech-influenced policy shift. Abstract: The article reports Kevin Warsh's Senate testimony after his nomination to chair the Federal Reserve, defending operational independence while allowing elected officials to voice views on rates. He emphasizes inflation as the primary objective and critiques Fed incursions into climate change and social policy. It also notes Warsh's Silicon Valley connections and wealth, suggesting a tech-forward perspective could influence future monetary policy as technology reshapes costs and policy considerations.

Fitch Downgrades Philippines Credit Outlook to Negative, Signaling Risk of Rating Cut

Gate News message, April 21 — Fitch Ratings downgraded the Philippines' credit outlook to negative from stable on Monday, April 20, while affirming its "BBB" credit rating. The negative outlook places the rating at risk of a cut within the next 18 to 24 months. Fitch cited two main drivers for the

Fed Chair Nominee Kevin Warsh Emphasizes Central Bank Independence, Says Inflation Is a Choice

Gate News message, April 21 — Kevin Warsh, President Trump's nominee for the next Federal Reserve chair, made significant remarks ahead of his Senate Banking Committee confirmation hearing on April 21. In testimony released on April 20, Warsh emphasized that the Fed's monetary policy independence is

Bank of Japan Likely to Hold Rates at April 28 Meeting, But Maintains Hawkish Stance

Summary: BoJ is likely to hold at 0.75% on April 28 while signaling future rate hikes if conditions permit; June action remains possible, with some officials leaning toward a near-term move amid inflation risks from geopolitical shocks and a higher forecast. Abstract: The Bank of Japan is expected to keep its policy rate at 0.75% at the April 28 meeting, signaling eventual hikes as conditions permit; discussion centers on timing and a potential June move, in light of geopolitical tensions and an updated inflation outlook.

Hong Kong Prepares First Five-Year Plan to Strengthen RMB Business and Wealth Management Hub Status

Hong Kong is unveiling its first five-year development plan to enhance its RMB business and wealth management hub status. Legislative reforms will improve liquidity and competitiveness, as Hong Kong seeks to strengthen its role in global finance amidst changing geopolitical dynamics.