Why did Iran bomb Dubai? A Middle East expert explains the regional alliances at play 
The Pentagon strongarmed AI firms before Iran strikes – in dark news for the future of ‘ethical AI’ 
Crude Oil on the Cusp: Hormuz Blockade Threats Fuel 15% Rally Toward USD 85 Target 
China Holds Loan Prime Rates Steady as PBOC Maintains Cautious Monetary Policy 
The strikes on Iran show why quitting oil is more important than ever 
Bitcoin Defies Geopolitical Gravity: Institutional Inflows Fuel Bullish Rebound Toward USD 70,000 
Fed Minutes Signal Steady Interest Rates but Hint at Potential Rate Hikes if Inflation Persists 
Bank of Japan Signals Further Interest Rate Hikes as Inflation Trends Toward 2% Target 
AI is already creeping into election campaigns. NZ’s rules aren’t ready 
BOJ Signals Possible April Rate Hike as Ueda Eyes Inflation and Wage Growth Data 
ECB Expands Euro Liquidity Backstop to Strengthen Global Role of the Euro 
Fed May Tighten Policy if Inflation Stalls Despite Weak Labor Market 
European Central bank chose to keep policy unchanged, however pushed Euro down with its outlook and views. Euro is down from 1.123 against Dollar, before press conference to 1.115 as of now.
Key highlights
- Weaker recovery and slower increase in inflation than earlier expectations. According to ECB, more recently, downside risks have renewed to both growth and inflation.
- Governing council members are keeping close watch in financial market development, especially stability, lower commodities and oil price for its impact on price stability.
- Slowdown in emerging markets is being considered as considerable risk to Euro area growth and exports.
- Necessary balance sheet adjustment in some sectors remaining a drag to domestic demand as well as sluggish pace of structural reform.
- Stronger Euro have dampening effect of inflation as oil price is low.
Overall European Central Bank (ECB) policymakers stand ready to act if further downside risk to price stability materializes.
