Federal Reserve Chairman Jerome Powell expects the Fed will cut interest rates at some point this year as inflation declines and confidence rises in the economy. However, rates will remain unchanged for now. Cybersecurity is a constant challenge as attackers evolve tactics, requiring ongoing investment in defenses to stay ahead of threats. The abrupt failure of Silicon Valley Bank highlighted issues with regulations not accounting for faster bank runs in the digital era. The Fed is working on modernizing rules. Geopolitical conflicts like those in Ukraine and Yemen present risks to stability if they worsen and affect global trade or oil prices.