U.S. Federal Reserve Chair Nominee Wosh: Digital Assets Already Part of U.S. Financial System

Fed Chair Nominee Barr Says Specific Balance Sheet Size Figures Not Yet Determined

Gate News message, April 21 — Barr, the nominee for U.S. Federal Reserve chairman, stated that specific figures for the balance sheet size have not yet been determined.

Federal Reserve Chair nominee Kevin Warsh: If confirmed, will sell undisclosed assets

Federal Reserve Chair nominee Kevin Warsh pledged at a confirmation hearing that, if confirmed, he would sell undisclosed assets in accordance with an agreement with the Office of Ethics to address potential conflicts of interest. He emphasized the priority of rising living costs and the need for fundamental reform, including a new inflation framework and improved communications, and noted that the Federal Reserve’s economic forecasts have a time horizon that is too long and that it is still working through legacy errors. Warsh also said he has agreed to sell the relevant assets, and if confirmed, he would liquidate any remaining undisclosed holdings.

Trump Says U.S. Should Always Maintain Lowest Global Interest Rates

Gate News message, April 21 — U.S. President Donald Trump stated that "the United States should always maintain the lowest global interest rates." Trump noted that interest rate adjustments have played a role in addressing inflation concerns.

Trump Says He Has Always Supported Rate Hikes to Combat Inflation

Trump reiterates support for rate hikes to curb inflation, claiming the policy has effectively restrained price pressures.

Bank of Japan Likely to Hold Rates at April 28 Meeting, But Maintains Hawkish Stance

Summary: BoJ is likely to hold at 0.75% on April 28 while signaling future rate hikes if conditions permit; June action remains possible, with some officials leaning toward a near-term move amid inflation risks from geopolitical shocks and a higher forecast. Abstract: The Bank of Japan is expected to keep its policy rate at 0.75% at the April 28 meeting, signaling eventual hikes as conditions permit; discussion centers on timing and a potential June move, in light of geopolitical tensions and an updated inflation outlook.

Bank for International Settlements Warns: Stablecoins Are More Like Securities, Redemption Flaws Could Trigger a Bank Run

International Settlements Bank (BIS) Managing Director Pablo Hernández de Cos warned on Monday at a Bank of Japan conference in Japan that the global stablecoin market has surpassed $315.9 billion, but its operating mechanism is closer to investment products such as ETFs rather than true money. The BIS said that if large-scale redemptions occur, it would trigger a chain-reaction effect similar to the run on Silicon Valley Bank in 2023.