RBA's Bullock: The board decided inflation at around 3% was unacceptable

FED'S HAMMACK: GOOD FOR THE FED TO STAY ON HOLD RIGHT NOW, DOESN'T NEED TO FINE-TUNE RATE POLICY. ... Fed's Hammack: I don't think rates putting much restraint on the economy. FED’S HAMMACK SAYS U.S. GOVERNMENT DEBT IS ON AN UNSUSTAINABLE PATH AND MUST BE ADDRESSED

Trump: We just hit the highest price in stock market history. TRUMP: I'M NOT A BIG FAN OF THOSE CRAZY, CHINA-MADE WINDMILLS. ... TRUMP: COAL IS THE MOST DEPENDABLE FORM OF ENERGY WE HAVE. ... TRUMP SAYS HE IS DIRECTING THE DEPARTMENT OF ENERGY TO ISSUE FUNDS TO COAL PLANTS IN STATES INCLUDING WEST VIRGINIA AND OHIO TRUMP: THE TRADE DEFICIT HAS GONE DOWN 78% BECAUSE OF TARIFFS. ...

Trump, Xi Expected To Extend Trade Truce At Beijing Summit - SCMP SCMP: Trump and Xi to extend trade truce at April Beijing summit US and Chinese officials are expected to use an early-April Beijing summit between Presidents Donald Trump and Xi Jinping to extend the bilateral trade truce reached in South Korea last year, according to the South China Morning Post. The report says policymakers are discussing rolling back some tariffs and export controls for up to a year, building on the October Busan understanding that eased a period of escalating tit-for-tat measures. The October truce was struck after months of intensifying trade conflict that included triple-digit retaliatory tariffs and a broad Chinese boycott of US agricultural goods for much of 2025, SCMP reports. Since the reprieve, China has resumed purchases of American soybeans — a politically important US crop — and additional near-term purchase commitments are said to be central to what officials see as a realistic, “bankable” summit outcome. For Washington, deliverables matter. The SCMP report frames the talks as an attempt to stabilise economic ties and deliver short-term wins ahead of the US midterm elections in November, with Trump under pressure to show progress while managing broader strategic tensions. Trump has publicly flagged soybean buying as a potential outcome following a recent call with Xi, aligning with the idea that Beijing may lean on commodity purchases as a relatively low-friction confidence-building tool. Operationally, SCMP says preparations point to an early-April trip, with March 31 cited as an initial arrival date under consideration and a bilateral meeting in the first week of April as part of a visit lasting about three days. If the extension is agreed, markets are likely to read it as a volatility dampener near term — but not a full reset — given the truce appears informal and subject to political timelines on both sides.