The post Fed’s Williams: “Monetary policy is in a good place” appeared on BitcoinEthereumNews.com.
Federal Reserve (Fed) Bank of New York President John Williams said on Tuesday that the United States (US) economy continues to show steady, trend-like growth, while the labor market remains stable. Speaking in an interview with Fox Business, Williams noted that monetary policy is well positioned to achieve the Fed’s goals, although future decisions will depend on incoming data and risks. Key takeaways: Williams said he sees steady trend-like growth for the US economy. The job market is showing stability, with risks looking pretty balanced. The retreat in energy prices is good news and should continue to cool inflation. Inflation is still quite high, but Williams feels more positive about the near-term outlook due to lower energy prices. The Fed is likely near the peak impact of tariffs. Monetary policy is well positioned to achieve the Fed’s goals. What happens next with monetary policy
The post After World Cup Loss, U.S. Men’s Soccer Back To Drawing Board Again appeared on BitcoinEthereumNews.com.
SEATTLE, WASHINGTON – JULY 06: Matt Freese #24 of the United States shows dejection after the team’s 1-4 defeat in the FIFA World Cup 2026 Round of 16 match between USA and Belgium at Seattle Stadium on July 06, 2026 in Seattle, Washington. (Photo by Alex Grimm/Getty Images) Getty Images Monday night’s FIFA Men’s World Cup match had the potential to be the biggest in modern United States Men’s Soccer history. Playing on home soil with an experienced group that looked relatively impressive in the tournament, the U.S. faced Belgium with a chance to advance to the quarterfinal round for the first time since 2002. And yet, much like the last time the U.S. played Belgium with a quarterfinal birth on the line (back in 2014), they lost. Yet in 2026, the defeat is accompanied by a far larger existential crisis about the state of the United States men’s soccer program as a whole. Mo
The post The Good, The Bad, And The Ugly Of The USMNT At The FIFA World Cup appeared on BitcoinEthereumNews.com.
INGLEWOOD, CALIFORNIA – JUNE 12: Folarin Balogun #20 of the United States celebrates scoring his team’s second goal during the FIFA World Cup 2026 Group D match between USA and Paraguay at Los Angeles Stadium on June 12, 2026 in Inglewood, California. (Photo by Sarah Stier – FIFA/FIFA via Getty Images) FIFA via Getty Images The World Cup is the ultimate barometer for many teams, reminding them how they stack up in the planet’s soccer order. For the U.S. Men’s National Team, it was a sobering reminder just how far it needs to go to join the world’s elite. The U.S. can take plaudits for making some history by winning their group for the first time, recording three victories in the tournament. On the flip side, however, the USA could not get past the Round of 16, being outplayed and embarrassed by Belgium in a 4-1 defeat at Lumen Field in Seattle. Before the World Cup kicked of
The post Australian Dollar falls amid cautious Fedspeak appeared on BitcoinEthereumNews.com.
AUD/USD declines toward 0.6940 as the Australian Dollar (AUD) loses momentum, while the US Dollar (USD) remains supported by cautious remarks from the Federal Reserve (Fed) and lingering uncertainty over inflation. The latest United States (US) labor data showed that the ADP Employment Change 4-week average eased to 21K from 24.25K, pointing to a softer pace of private hiring. The figure suggests that labor market momentum is cooling, which could normally weigh on the Greenback. However, the USD held firm as investors remained cautious ahead of more important US data and continued to price in a data-dependent Fed stance. New York Fed President John Williams said the US economy is showing steady trend-like growth and that the job market remains stable. However, he warned that inflation is still quite high, keeping pressure on the Fed to maintain a restrictive policy stance. Williams added that m
The widening trade deficit may pressure GDP growth, influencing Federal Reserve rate decisions and impacting tech and crypto market dynamics.
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The post Silver falls below $61 as markets await FOMC minutes appeared on BitcoinEthereumNews.com.
Silver (XAG/USD) extends its decline for a second consecutive day on Tuesday, trading around $60.70 at the time of writing, down 2.21% on the day. The precious metal is giving back part of last week’s gains as investors adopt a cautious stance ahead of the release of the Federal Reserve (Fed) meeting minutes. Higher US Treasury yields continue to reduce the appeal of non-yielding assets, while the US Dollar (USD) remains broadly supported by expectations that the Fed will maintain a restrictive monetary policy. According to the CME FedWatch tool, markets largely expect the Fed to leave interest rates unchanged at its upcoming meeting, and expectations for a rate hike later this year have eased slightly following the latest US labor market data. Recent US employment indicators continue to point to a gradual slowdown in the labor market. Job growth has recently fallen short of expectations,
The post Swiss Franc eases as hawkish Fed outlook supports US Dollar appeared on BitcoinEthereumNews.com.
USD/CHF holds modest gains on Tuesday as traders balance softer US labor market data against hawkish Federal Reserve (Fed) expectations, keeping the US Dollar (USD) range-bound. At the time of writing, the pair is trading around 0.8066, remaining on the front foot for a second consecutive day. Recent US labor market data have come in softer than expected, pointing to a gradual cooling after showing signs of improvement earlier this year. The four-week average of the ADP Employment Change eased to 21K from 24.25K. This follows last week’s disappointing June Nonfarm Payrolls (NFP) report, which showed the US economy added just 57K jobs, well below market expectations of 110K. The softer labor market data have prompted traders to scale back expectations of a near-term Fed rate hike. However, Fed officials continue to stress that inflation remains a concern. New York Fed President John
The post A Home World Cup That Ended Too Soon: How The U.S. Missed Its Moment appeared on BitcoinEthereumNews.com.
SEATTLE, WASHINGTON – JULY 06: Christian Pulisic #10 of the United States reacts during the FIFA World Cup 2026 Round of 16 match between USA and Belgium at Seattle Stadium on July 06, 2026 in Seattle, Washington. (Photo by Maja Hitij – FIFA/FIFA via Getty Images) FIFA via Getty Images The United States spent years preparing for the 2026 World Cup, selling the tournament as a transformational moment for soccer in this country. It was the first men’s World Cup on U.S. soil since 1994, the culmination of unprecedented investment in player development and the national team. Instead, it ended with a sobering reminder of how far the U.S. still has to go. Belgium’s emphatic 4-1 victory against the U.S. in Seattle on Monday was more than a round of 16 defeat. It was the end of what should have been a defining tournament for American soccer — and one that ultimately became a misse
The post Vanguard U-turns, now seeks a Head of Digital Assets appeared on BitcoinEthereumNews.com.
Vanguard is now hiring for a Head of Digital Assets, signaling yet another shot at the crypto market by the asset manager, which once denied clients access to crypto. According to a job posting Monday, the $12 trillion asset manager is seeking a Head of Digital Assets in the United States to lead “digital assets strategy, roadmap, and enterprise execution,” across Vanguard Personal Wealth. The successful candidate is expected to serve as “Vanguard’s senior subject matter expert for digital assets across Personal Wealth,” reads the job description. The responsibilities include developing a “multi-year digital assets roadmap” and defining how Vanguard can implement “digital asset capabilities, products, and operating models.” 🚨Vanguard (AUM= $10+ Trillion) is looking for a head of digital assets for first time. Successful candidate will “develop the multi-year digital assets roadmap” for t