1. Fed Chair nominee Kevin Warsh signaled a monetary policy "regime change," focusing on shrinking the balance sheet and fundamental reforms to fight inflation.
2. Geopolitical tensions escalated as President Trump stated the U.S. is "ready to go militarily" with Iran and does not want to extend the ceasefire, impacting oil prices.
3. U.S. March Retail Sales data unexpectedly rose by a strong 1.7%, beating the 1.4% consensus and indicating robust consumer spending.
Fed Nominee Signals Policy Shift, Iran Tensions Rise, Strong US Retail Sales Beat
