White House: Base Tariff Rate to Take Effect Early Morning on April 5, with Reciprocal Tariff on April 9

On April 4th, based on official website data, the likelihood of "the U.S. economy entering a recession by 2025" on Polymarket has increased to 47%.

On April 4th, Federal Reserve Vice Chair Jefferson stated that given the solid economic conditions in the United States, tariffs have already led to an increase in commodity inflation, and the outlook has become more uncertain than before. He is inclined to maintain the current moderately restrictive policy rate at its current level and closely monitor the next steps in employment and prices. "In my opinion, there is no need to rush to make further adjustments to the policy rate," Jefferson said. During a time when the Trump administration is rapidly promoting trade and other policy changes, he reiterated a mantra that Federal Reserve officials have frequently emphasized, that "the current policy stance effectively addresses the risks and uncertainties we face in fulfilling our dual mandate." (IG)

On April 4th, President Trump extended an invitation to Salvadoran President Nayib Bukele to pay a visit to the White House on April 14th.

On April 4th, as per CoinDesk, WisdomTree is in the process of expanding its institutional investment platform, WisdomTree Connect. This expansion is from Ethereum to Arbitrum, Avalanche, Base, and Optimism. The platform currently provides 13 tokenized funds that cover a variety of investment strategies such as money markets, stock indices, and fixed income. All of these funds have been registered with the U.S. Securities and Exchange Commission (SEC).

April 4th. According to CoinDesk, the investment firm Republic is scheduled to acquire the cryptocurrency exchange operator INX Digital (INXDF) with a valuation of up to $60 million. Republic's subsidiary, Republic Strategic Acquisition, will obtain all of INX's outstanding shares. The transaction is anticipated to be completed within eight months, contingent upon specific conditions. Republic has already been a shareholder of INX, having purchased 9.5% of the company in 2023. After the completion of the transaction, Republic will be fully incorporated into INX's operations.

On April 4th, Federal Reserve Vice Chair Jefferson stated that there is no necessity to be overly hasty in adjusting the policy interest rate. The current policy rate is designed to be able to handle risks and uncertainties. (Xinhua News Agency)