Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
RBA Holds Rates but Warns of Rising Inflation Pressures 
Canada Stocks Steady as Markets Await Fed and BoC Decisions 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
- China's central bank cut its benchmark lending rates by 25 basis points to 5.1 percent on Sunday. Last cut was on Feb. 28.
- The People's Bank of China (PBOC) also reduced one-year benchmark deposit rates by 25 basis points, it said in a statement on its website, adding that the reductions would be effective on May 11.
