Gold Surges Above Key EMAs, Bulls Eye Resistance Amidst Bullish Momentum 
Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
The government is ‘doubling down’ on its social media ban. But bigger penalties for platforms aren’t enough 
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027 
Michael Burry Shorts Tesla at $416 as AI and Semiconductor Bearish Bets Expand 
The Reserve Bank of Australia (RBA) has published the minutes of its February monetary policy meeting, detailing the reasoning behind the first interest rate cut in four years, lowering the cash rate to 4.1%. The move was prompted by a slowing of underlying inflation and a need to balance the support of economic growth with keeping the inflation target intact. The board observed that the projections were subject to market expectations of a cumulative 90 basis points of cuts in the cash rate during the projection period.
Despite the rate cut, the RBA was cautious about future policy loosening, emphasizing the importance of closely watching economic conditions and data. The board stressed that cutting rates did not bind them to further cuts and that future policy changes would hinge on new data and risk appraisals. The minutes also noted worries about the possible influence of global uncertainties and domestic economic conditions on the growth and inflation outlook
