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On April 29, the uncertainty surrounding the economic outlook and changes in central bank leadership cast a shadow over this week's Federal Reserve meeting, with officials expected to maintain interest rates on Wednesday. The war in Iran has led to soaring energy prices and disrupted supply chains, increasing the likelihood of rising inflation and slowing economic growth, prompting decision-makers to signal a current inclination towards a wait-and-see approach. The Federal Open Market Committee (FOMC) is expected to keep the target range for the federal funds rate unchanged at 3.5%-3.75% for the third consecutive meeting. Investors will look for clues during what is likely Jerome Powell's final press conference as Fed Chair, to gauge how long the Fed intends to maintain this patient stance. However, perhaps of greater interest to the public will be Powell's comments regarding his future at the Fed. Powell has suggested that he may continue to serve as a member of the Board of Governors after his term as Chair expires on May 15. Officials will release a statement following the press conference at 2 PM local time in Washington, with Powell's press conference scheduled to occur 30 minutes later. Fed observers expect that this policy statement will not differ significantly from March, but may include a few adjustments. For instance, officials may revise their description of the labor market to reflect recent data showing that while hiring numbers are low, the labor market has stabilized.

Foresight News reports that, according to PeckShield monitoring, a user lost their Alchemix Yearn yvVault position yvWETH, worth about 1 million US dollars, due to previously authorizing an unverified contract. The unverified contract was created 10 days ago and contains a vulnerability that can be exploited to execute arbitrary calls.

BlockBeats News, April 29th, U.S. Treasury Secretary Benson announced that the U.S. Department of the Treasury, through the "Economic Fury" operation, targeted Iran's international shadow banking infrastructure, cryptocurrency access channels, shadow fleet, weapons procurement network, and funding support for regional terrorist proxies. These actions have disrupted its multi-billion-dollar revenue, which was intended to fund terrorism. Under the maximum pressure campaign of the Trump administration, Tehran's inflation rate has doubled, and its currency has rapidly depreciated. Iran's key oil export terminal on Kharg Island is nearing storage capacity, forcing it to reduce oil production, resulting in additional daily revenue losses of about $170 million and causing permanent damage to Iran's oil infrastructure. The U.S. Department of the Treasury will continue to apply maximum pressure, and any individual, vessel, or entity assisting in the illicit flow of funds to Tehran will face the risk of U.S. sanctions.