Trump Family Files $10 Billion Lawsuit Over IRS Tax Disclosure 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Panama Supreme Court Voids CK Hutchison Port Concessions, Raising Geopolitical and Trade Concerns 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Illinois Joins WHO Global Outbreak Network After U.S. Exit, Following California’s Lead 
Federal Judge Blocks Trump Administration Move to End TPS for Haitian Immigrants 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
China Approves First Import Batch of Nvidia H200 AI Chips Amid Strategic Shift 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Paul Atkins Emphasizes Global Regulatory Cooperation at Fintech Conference 
The Reserve Bank of Australia (RBA) signaled no commitment to additional rate cuts following its 25 basis point reduction in February, according to meeting minutes released Tuesday. Policymakers remain cautious about inflation risks despite signs of economic slowdown and a softer labor market.
The RBA lowered its benchmark cash rate to 4.10%—the first cut in five years—citing weaker GDP growth and a cooling job market. However, officials emphasized that further easing would be data-driven, with inflation trends being the key determinant. The central bank remains focused on bringing inflation within its 2%–3% target range.
“Members agreed that their decision at this meeting did not commit them to further reductions,” the minutes stated. While policymakers expressed confidence in balancing inflation control and labor market stability with lower rates, they acknowledged uncertainties remain.
Inflation had peaked at 30-year highs in 2023 before declining sharply, showing some progress. Still, the RBA remains cautious, wary that premature easing could reignite price pressures.
February’s cut came amid near-stagnant GDP growth and slower employment gains, raising concerns about the impact of prolonged high rates. Despite these worries, the RBA continues to assess downside economic risks while ensuring inflation remains under control.
