BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
Indian Government Bonds Seen Opening Steady Ahead of RBI Policy Decision 
Silver Cracks Key 365-Day EMA for First Time Since Feb 2024; Bears Eye $50 on Rallies 
BOJ June Rate Hike Likely as Inflation Risks Rise Amid Middle East Tensions 
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027 
SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
Gold's 365-Day EMA Streak Since Oct 2023 Faces Its First Real Test at $3,980 — Break or Bounce to $4,140? 
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
Don't doubt it, you are reading it right. Recent financial market turmoil, dented confidence so much that some big names in the industry going further to doubting rate hike from US Federal Reserve next month to call for further stimulus from US Federal Reserve.
Lawrence Summers, former US treasury secretary and a favorite to become FED Chair, before Janet Yellen stole the spot says it would be serious error for FED to hike rates and it should even consider raising bond buying program.
Similarly, Ray Dalio, a respected hedge fund manager wrote to clients that next big move from FED will be to ease rather than tightening. Mr. Dalio is the manager of world's largest hedge fund.
As of now, it looks very unlikely that FED will shift stance and move to QE4, it clearly shows that how financial turmoil of few weeks can change perception. It looks like, expectation for a hike in September has been dented severely.
It would be ever more important to watch out for FOMC officials' view over current turmoil as it could easily set the mood for Dollar going ahead.
