DALY SEES 'NO URGENCY TO ADJUST THE POLICY RATE'

MNI BRIEF: Fed’s Collins Sees Rate Cuts Later Than Had Thought

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MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

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March Home Sales Jumped At End Of Month

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MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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BULLET: FOMC Statement Human Readable AF Questions...........> 

FOMC Statement Human Readable AF Questions
------------------------------------------------
- Fed Funds rate range? 1.50% to 1.75%.  
- Any announcements relating to a Standing Repo Facility, Balance Sheet, 
or IOER? If so, what? The IOER was raised to 1.60%, from 1.55%. 
The ON RRP rate was raised to 1.50%, from 1.45% previously. 
Language was changed indicating overnight repo operations to last at 
least through April, as opposed to January as it previously stated. No 
announcement of a standing repo facility. 
- Any dissents? No. 
- Does the FOMC change its inflation language? Yes. The statement 
tweaks monetary policy is appropriate to support inflation 'returning 
to' the Committee's symmetric 2 percent objective." 
- Does the FOMC change its characterisation of household spending? Yes, 
"strong" has been replaced by "moderate." The statement now reads: 
"household spending has been rising at a moderate pace."  
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