US Dollar:
1. Reuters poll: The Fed will wait until at least the end of the year to cut interest rates due to war-driven inflation.
2. Hassett supports Powell's explanation for remaining as "interim Fed chairman."
3. SWIFT: Dollar usage in global trade surged during the Iran conflict.
Euro:
1. ECB Governing Council member Simkus: A rate hike by the ECB this year cannot be ruled out. A rate hike should not be implemented in April.
2. ECB Governing Council member Kocher: We will discuss the data before the next interest rate decision meeting; it is too early to say what decision will be made.
3. ECB Governing Council member Stournaras: The ECB should wait.
4. German Economics Ministry halved its economic growth forecast for this year.
Pound Sterling:
1. According to the Financial Times: Barclays said the UK could save £2.5 billion by helping banks buy UK government bonds.
Other:
1. The Turkish central bank kept its benchmark interest rate unchanged at 37%, in line with expectations.
2. Traders: The Reserve Bank of India sold dollars in the foreign exchange market to support the rupee. 3. Swiss National Bank: First-quarter foreign exchange position loss of CHF 8.2 billion.
4. New Zealand Finance Minister: (Regarding the Iran war) The Treasury predicts that in the worst-case scenario, inflation could reach 7.4% in 2025/26; and real GDP growth is projected to be 0.8% in the worst-case scenario for 2025-26.
5. Indonesian Central Bank Deputy Governor: The depreciation of the Indonesian rupiah is due to increased global uncertainty and pressure on regional peers. The central bank will continue to increase intervention to stabilize the rupiah.
