Golden Morning News | Overview of Important Overnight Developments on April 30

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21:00-7:00 Keywords: Squads, Powell, Wosh

  1. Federal Reserve Chair Powell: The current policy stance is appropriate;
  2. Federal Reserve Chair Powell: After stepping down as chair, he will continue to serve as a director;
  3. U.S. Treasury Secretary Bessant: Powell’s decision to remain as a director will go against tradition;
  4. Squads completes $18 million strategic financing, with Solana Ventures leading the investment;
  5. The Federal Reserve keeps the benchmark interest rate range at 3.5%-3.75%, unchanged and in line with market expectations;
  6. Wosh’s Federal Reserve nomination has received enough votes from the committee to proceed with the review process;
  7. Federal Reserve Chair Powell: If we need to raise interest rates, we will definitely send a signal.
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