FED'S BARR: SHIFTING BACK TO LIMITED RESERVES WOULD INVOLVE MAJOR TRADE-OFFS; LIQUIDITY REQUIREMENTS SHOULD BE STRENGTHENED, NOT WEAKENED; EFFECTIVE MONETARY POLICY EXECUTION HINGES ON RATE MANAGEMENT; CREATING RESERVES INCURS NO COST TO THE FED; THE MONETARY POLICY TOOLKIT HAS BEEN EFFECTIVE FOR A LONG TIME
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FED'S BARR: FED IS WORKING TO ADJUST BALANCE SHEET DURATION TO BETTER MATCH THE BROADER TREASURY MARKET; SKEPTICAL THAT A LIQUIDITY COVERAGE RATIO TWEAK WILL MEANINGFULLY ALTER RESERVE DEMAND; A SMALLER FED BALANCE SHEET WOULD LIKELY INCREASE FED INTERVENTIONS AND BOOST FLOWS INTO FED LIQUIDITY FACILITIES
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FED'S BARR: LOWERING LIQUIDITY REQUIREMENTS WOULD ONLY AMPLIFY STABILITY RISKS; EASING LIQUIDITY RULES TO TRIM THE FED'S BALANCE SHEET IS NOT ADVISABLE
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SENIOR STATE DEPARTMENT OFFICIAL ON ISRAEL-LEBANON TALKS: HAD A FULL DAY OF CONSTRUCTIVE AND POSITIVE DISCUSSIONS; LOOKS FORWARD TO CONTINUING TALKS ON FRIDAY AND HOPES TO HAVE MORE TO SHARE THEN
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JAPAN PM TAKAICHI PLANS PHONE TALKS WITH US PRESIDENT TRUMP AS EARLY AS FRIDAY, NIKKEI REPORTS
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JAPAN PPI (M/M) APR: 2.3% (EST 0.8%; PRIOR 0.8%); PPI (Y/Y): 4.9% (EST 3.0%; PRIOR 2.6%)
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Benchmark U.S. 2-Year Treasury Yield Rises to 4.027%, Highest Since June 2025
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KOSPI opens lower, just shy of historic landmark of 8,000 points-yonhap
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DOJ Official: U.S. Preparing to Indict Former Cuban Leader Raul Castro
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Japan Equities Start Strong With TOPIX Up 1.1% and Nikkei Higher by 0.8%
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Australian Market Advances as S&P/ASX 200 Adds 0.4% in Early Session
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BOJ Official: Oil and Chemical Product Prices Increased Due to Middle East Uncertainty
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BOJ Official Says April YoY Jump in Wholesale Prices Marks Strongest Gain Since May 2023
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TOPIX Hits Strongest Level Since Its February 27 All-Time High
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JAPAN'S DEFENCE MINISTRY WEIGHING EXPORT OF TYPE 88 SURFACE-TO-SHIP MISSILES TO THE PHILIPPINES – NHK
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EUROSTOXX 50 FUTURES SLIP 0.3%, DAX FUTURES DOWN 0.4%, FTSE FUTURES DECLINE 0.2%
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Regional Markets Advance Tracking U.S. Tech-Led Gains Amid Optimism From Trump-Xi Meeting
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ANTHROPIC HAS AGREED TERMS FOR A $30 BILLION FUNDRAISE VALUING THE COMPANY AT $900 BILLION, WITH THE DEAL EXPECTED TO CLOSE THIS MONTH – FT
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Japan’s Katayama Plans Trip to France to Attend Upcoming G7 Finance Ministers’ Meeting
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INVESTORS DRAGONEER, GREENOAKS, SEQUOIA CAPITAL, AND ALTIMETER CAPITAL TO CO-LEAD ANTHROPIC'S FUNDRAISING ROUND – FT
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KOSPI turns higher, hovering above 8,000-point landmark-yonhap
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