Overview of key overnight developments on April 30
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21:00 (UTC+8) - 7:00 Keywords: Squads, Powell, Walsh1. Federal Reserve Chair Powell: The current policy stance is appropriate;2. Federal Reserve Chair Powell: After stepping down as Chair, will continue to serve as a board member;3. US Treasury Secretary Besant: Powell's decision to remain as a board member will break with tradition;4. Squads completed a $18 million strategic financing round, led by Solana Ventures;5. The Federal Reserve maintains the benchmark interest rate range at 3.5%-3.75%, in line with market expectations;6. Walsh's Federal Reserve nomination has received enough votes in the committee, and approval is granted to move the review process forward;7. Federal Reserve Chair Powell: If we need to raise interest rates, we will definitely signal it.
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