Central Bank
Adjustment improves upon January forecasts of 3.6 percent and 4.1 percent for the economy
Market reacted positively after Trump signaled easing trade tariffs
S&P 500 futures climbed 1.61 percent and Nasdaq futures gained 1.91 percent
U.S. crude oil inventories fell by about 4.6 million barrels last week, per API data
Prices declined as Trump eased Fed threats and optimism for a trade deal increased
Trump criticized Fed Chair Powell, warning the U.S. economy could slow without immediate rate cuts
Amid Trump-Fed clash and trade tensions
The euro hit a three-year high on Monday, while the yen sat at a seven-month peak
Amid trade war concerns and weaker dollar
The overnight deposit, lending, and main operation rates were cut by 2.25 percent each
A remarkable drop from its peak of 4 percent in mid-2023
