Canada Net Change in Employment came in at 18.2K, above forecasts (10K) in June

The post Federal Reserve: Monetary policy report cites “high inflation” due to tariffs appeared on BitcoinEthereumNews.com. The Federal Reserve (Fed) released its monetary policy report on Friday , in which the US central bank acknowledged that inflation remains elevated and that the labor market is broadly stable, a signal that the price stability goal hasn’t been achieved. The report noted that inflation rose further in the spring, indicating that economic activity is expanding solidly despite uncertainty sparked by the war in Iran. M2 money supply growth rates “were moderate and broadly similar to the pace typically observed during the 2010s.” Credit conditions for small businesses and households remained tight, according to the Fed, and Q1 2026 growth was boosted by investment in high tech and government spending. The Fed said that the housing market is stagnant, that the financial system remained sound and resilient, and that asset valuations in stocks, corporate debt, residential

The post Silver edges lower as Fed hike bets weight ahead US CPI data appeared on BitcoinEthereumNews.com. Silver (XAG/USD) trades slightly lower on Friday, hovering around $59.90 at the time of writing, down a modest 0.08% on the day. The white metal is struggling to extend its rebound as renewed tensions in the Middle East fuel concerns about persistent inflation, reinforcing expectations that the Federal Reserve (Fed) could raise interest rates. The resumption of hostilities between the United States (US) and Iran has revived concerns over energy supplies, lifting Oil prices and strengthening expectations of persistent inflation. This backdrop keeps expectations for monetary tightening alive and weighs on non-yielding assets such as Silver. According to the CME FedWatch tool, markets are now pricing in a high chance of at least one interest rate hike before the end of the year. This outlook is also supporting the US Dollar (USD), whose rebound is limiting the appeal of USD-denominat

The Fed's inflation stance signals tighter financial conditions, impacting crypto markets and potentially reshaping monetary policy dynamics. The post Federal Reserve holds rates steady as Bitcoin jumps past $60K on Warsh’s inflation comments appeared first on Crypto Briefing.

The post A16z’s Marc Andreessen joins Fed task force on AI and jobs appeared on BitcoinEthereumNews.com. The Federal Reserve has named Andreessen Horowitz co-founder Marc Andreessen to help lead a task force studying artificial intelligence, productivity and employment. Summary Marc Andreessen will co-lead a Federal Reserve task force examining AI, productivity and American employment. Stanford economist Charles Jones and Microsoft executive Asha Sharma will serve alongside Andreessen on the panel. The review comes as Fed officials debate whether AI will ease inflation or raise costs. The Federal Reserve announced the appointment on July 9. The panel forms part of Fed Chair Kevin Warsh’s broader review of how the central bank makes monetary policy decisions. Andreessen will serve on the Productivity and Jobs task force with Stanford University economist Charles I. Jones and Microsoft executive Asha Sharma. NEWS: Fed Chair Kevin Warsh appoints a16z founder Marc Andreessen to co-lead the

The Federal Reserve named a16z founder Marc Andreessen to a task force studying AI’s effects on productivity, employment and monetary policy.

The post Canada: Labour market steadying with modest improvement – RBC appeared on BitcoinEthereumNews.com. Royal Bank of Canada (RBC) economist Nathan Janzen notes that Canadian labour markets showed further signs of stabilisation in June, following a stronger improvement in May. Employment rose modestly, while per-worker conditions improved and the unemployment rate edged down to 6.5%. Janzen highlights softer population growth, firmer economic data and lower U.S. tariff rates as supporting factors, and expects further unemployment declines later in 2026. Labour data supports gradual recovery view “Canadian labour markets showed further signs of steadying in June after a larger improvement in May.” “The employment increase itself in June (+18k) left the measure still down 6k on net for the year.” “But we continue to think that slower employment gains should be expected given a sharp slowing in Canadian population growth.” “Critically, controlling for changes in the demographic backdr

Unless President Trump vetoes the bill, it will become law at midnight, banning the Federal Reserve from developing a CBDC until 2031.

The Fed's rate hold stabilizes risk assets, but upcoming policy decisions and digital asset regulations could drive future market volatility. The post Federal Reserve holds rates steady at 3.5-3.75% as Chair Warsh heads to Congress appeared first on Crypto Briefing.