India FX Reserves, USD declined to $690.69B in April 27 from previous $698.49B

May 8, 2026

Fed's Miran: It is appropriate to cut interest rates

Federal Reserve (Fed) Governor Stephen Miran said in an interview with Fox Business, released on Friday, that the central bank should cut interest rates, clarifying that the current policy is holding back the job market.

Fed: Extended pause message tempers hike bets – DBS

DBS Group Research’s Philip Wee says the Federal Reserve is working to cool hawkish expectations ahead of Kevin Warsh’s appointment as Chair on May 15.