diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9f493460..a0292ca6 100755
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,10 @@
 # Change Log
 
+## [0.49.8](https://github.com/nicklockwood/SwiftFormat/releases/tag/0.49.8) (2022-05-03)
+
+- Fixed `redundantInit` rule removing required init when instantiating type variables
+- Fixed `unusedArguments` incorrectly marking shadowed parameters as used or unused in some cases
+
 ## [0.49.7](https://github.com/nicklockwood/SwiftFormat/releases/tag/0.49.7) (2022-04-03)
 
 - Redundant `self` is now correctly removed in `if let` assignments
diff --git a/CommandLineTool/swiftformat b/CommandLineTool/swiftformat
index a57f4de7..8cfa1794 100755
Binary files a/CommandLineTool/swiftformat and b/CommandLineTool/swiftformat differ
diff --git a/Sources/Formatter.swift b/Sources/Formatter.swift
index bd1408b2..f5321f32 100644
--- a/Sources/Formatter.swift
+++ b/Sources/Formatter.swift
@@ -2,7 +2,7 @@
 //  Formatter.swift
 //  SwiftFormat
 //
-//  Version 0.49.7
+//  Version 0.49.8
 //
 //  Created by Nick Lockwood on 12/08/2016.
 //  Copyright 2016 Nick Lockwood
diff --git a/Sources/SwiftFormat.swift b/Sources/SwiftFormat.swift
index 265e54ea..09f103a6 100644
--- a/Sources/SwiftFormat.swift
+++ b/Sources/SwiftFormat.swift
@@ -32,7 +32,7 @@
 import Foundation
 
 /// The current SwiftFormat version
-let swiftFormatVersion = "0.49.7"
+let swiftFormatVersion = "0.49.8"
 public let version = swiftFormatVersion
 
 /// The standard SwiftFormat config file name
diff --git a/Sources/Tokenizer.swift b/Sources/Tokenizer.swift
index 7dc28aa2..7aec492c 100644
--- a/Sources/Tokenizer.swift
+++ b/Sources/Tokenizer.swift
@@ -2,7 +2,7 @@
 //  Tokenizer.swift
 //  SwiftFormat
 //
-//  Version 0.49.7
+//  Version 0.49.8
 //
 //  Created by Nick Lockwood on 11/08/2016.
 //  Copyright 2016 Nick Lockwood
diff --git a/SwiftFormat.podspec.json b/SwiftFormat.podspec.json
index 1a9370a8..ef37231d 100644
--- a/SwiftFormat.podspec.json
+++ b/SwiftFormat.podspec.json
@@ -1,6 +1,6 @@
 {
   "name": "SwiftFormat",
-  "version": "0.49.7",
+  "version": "0.49.8",
   "license": {
     "type": "MIT",
     "file": "LICENSE.md"
@@ -10,7 +10,7 @@
   "authors": "Nick Lockwood",
   "source": {
     "git": "https://github.com/nicklockwood/SwiftFormat.git",
-    "tag": "0.49.7"
+    "tag": "0.49.8"
   },
   "default_subspecs": "Core",
   "subspecs": [
diff --git a/SwiftFormat.xcodeproj/project.pbxproj b/SwiftFormat.xcodeproj/project.pbxproj
index ec9bbb91..ad8caac4 100644
--- a/SwiftFormat.xcodeproj/project.pbxproj
+++ b/SwiftFormat.xcodeproj/project.pbxproj
@@ -1080,7 +1080,7 @@
 					"@executable_path/../Frameworks",
 					"@loader_path/Frameworks",
 				);
-				MARKETING_VERSION = 0.49.7;
+				MARKETING_VERSION = 0.49.8;
 				PRODUCT_BUNDLE_IDENTIFIER = com.charcoaldesign.SwiftFormat;
 				PRODUCT_NAME = "$(TARGET_NAME)";
 				SKIP_INSTALL = YES;
@@ -1108,7 +1108,7 @@
 					"@executable_path/../Frameworks",
 					"@loader_path/Frameworks",
 				);
-				MARKETING_VERSION = 0.49.7;
+				MARKETING_VERSION = 0.49.8;
 				PRODUCT_BUNDLE_IDENTIFIER = com.charcoaldesign.SwiftFormat;
 				PRODUCT_NAME = "$(TARGET_NAME)";
 				SKIP_INSTALL = YES;
@@ -1204,7 +1204,7 @@
 					"@executable_path/../Frameworks",
 				);
 				MACOSX_DEPLOYMENT_TARGET = 10.14;
-				MARKETING_VERSION = 0.49.7;
+				MARKETING_VERSION = 0.49.8;
 				PRODUCT_BUNDLE_IDENTIFIER = "com.charcoaldesign.SwiftFormat-for-Xcode";
 				PRODUCT_NAME = "SwiftFormat for Xcode";
 				PROVISIONING_PROFILE_SPECIFIER = "";
@@ -1234,7 +1234,7 @@
 					"@executable_path/../Frameworks",
 				);
 				MACOSX_DEPLOYMENT_TARGET = 10.14;
-				MARKETING_VERSION = 0.49.7;
+				MARKETING_VERSION = 0.49.8;
 				PRODUCT_BUNDLE_IDENTIFIER = "com.charcoaldesign.SwiftFormat-for-Xcode";
 				PRODUCT_NAME = "SwiftFormat for Xcode";
 				PROVISIONING_PROFILE_SPECIFIER = "";
@@ -1262,7 +1262,7 @@
 					"@executable_path/../../../../Frameworks",
 				);
 				MACOSX_DEPLOYMENT_TARGET = 10.14;
-				MARKETING_VERSION = 0.49.7;
+				MARKETING_VERSION = 0.49.8;
 				PRODUCT_BUNDLE_IDENTIFIER = "com.charcoaldesign.SwiftFormat-for-Xcode.SourceEditorExtension";
 				PRODUCT_NAME = SwiftFormat;
 				PROVISIONING_PROFILE_SPECIFIER = "";
@@ -1292,7 +1292,7 @@
 					"@executable_path/../../../../Frameworks",
 				);
 				MACOSX_DEPLOYMENT_TARGET = 10.14;
-				MARKETING_VERSION = 0.49.7;
+				MARKETING_VERSION = 0.49.8;
 				PRODUCT_BUNDLE_IDENTIFIER = "com.charcoaldesign.SwiftFormat-for-Xcode.SourceEditorExtension";
 				PRODUCT_NAME = SwiftFormat;
 				PROVISIONING_PROFILE_SPECIFIER = "";