The Federal Reserve has a 96% chance of maintaining interest rates in March, with only a 4% chance of a rate cut.

Federal Reserve Logan: The balance sheet can be further reduced by adjusting regulatory requirements

Dallas Fed Chair Logan outlined several paths for the Federal Reserve to reduce its balance sheet, emphasized the effectiveness of the current liquidity management framework, and noted that regulatory adjustments can encourage banks to lower their reserve levels. She criticized that some liquidity rules have failed to improve safety and said that reserves could be used more efficiently.

IMF: The Federal Reserve has limited room to cut rates in 2026 and is expected to have only one rate-cut opportunity during the year

The International Monetary Fund said in its annual assessment report that although U.S. inflation is expected to fall to the 2% target in the second half of 2026, the room for rate cuts this year is extremely limited—at most there may be one opportunity for a rate cut by the end of 2026. This will need to take into account changes in the labor market and the impact of commodity prices.

Should Bitcoin and stablecoins be included in foreign exchange reserves? Yang Chin-lung: The central bank’s stance will not change, but time and circumstances will.

Legislator Ko Ru-jun proposed including Bitcoin and stablecoins in Taiwan’s foreign exchange reserves, believing their advantages are especially evident in extreme situations. Central Bank Governor Yang Chin-lung responded that, although his stance remains unchanged, he will continuously evaluate new developments. Globally, central banks generally adopt a conservative approach, believing that Bitcoin is not suitable as a reserve asset, and Taiwan’s progress in this area is unlikely to be realized in the short term.

The People’s Bank of China adds 12 digital yuan business operating institutions

Gate News message: On April 2, the People’s Bank of China added CITIC Bank, China Everbright Bank, Huaxia Bank, China Minsheng Bank, Guangfa Bank, Pudong Development Bank, Zheshang Bank, Ningbo Bank, Jiangsu Bank, Beijing Bank, Nanjing Bank, and Suzhou Bank as bank-type digital RMB business operating institutions, and they have been connected to the People’s Bank of China’s digital RMB system. After the newly added institutions complete business and technical preparations, they will carry out digital RMB business.

Trump says zero inflation got exposed; U.S. consumers’ inflation expectations hit a 7-month high

Rising U.S. consumer concerns about inflation pushed inflation expectations up to 6.2% in March, reaching a new high for 2025. Oil prices have broken above $100, which is expected to drive up the consumer price index, affecting economic activity and increasing pressure on the cost of living; it could also impact financial markets and investor sentiment toward crypto assets.

Why is the crypto market down today? Trump’s tough remarks sparked a wave of selling, and Bitcoin is approaching the key $65,000 support level

April 2, 2026, the total market capitalization of the cryptocurrency market fell 2.6%. Bitcoin dropped to $66,250, Ethereum is nearing $2,000, and major assets generally pulled back. Due to Trump making tough remarks about the Iran situation, risk-off sentiment intensified in the market, and funds are taking a wait-and-see stance in the short term. High interest rates and geopolitical risk together are weighing on prices; going forward, attention will be on developments in the Middle East and changes in macro liquidity.