Crypto Briefing·
Powell's decision to stay on the Fed board limits the administration's influence, highlighting tensions between political agendas and Fed independence. The post Kevin Hassett criticizes Jerome Powell for blocking new Fed pick by staying on the board appeared first on Crypto Briefing.
Read full articleWeak job growth and declining labor participation may pressure the Fed to balance inflation control with economic support, impacting policy decisions. The post Weak jobs data could renew Fed debate over labor market conditions appeared first on Crypto Briefing.
June payroll softness pushed spot gold near $4,068 as traders eyed a mid-60% chance of a September Fed hike. Weak jobs could cut real yields and ease Q3 pressure.
The decline in durable goods orders may prompt the Fed to consider rate cuts, potentially boosting risk assets if economic data weakens further. The post US durable goods orders fall 4.5% in May as transportation sector leads decline appeared first on Crypto Briefing.
The Fed's patient rate approach may stabilize bond markets, but future economic data could prompt policy shifts impacting market expectations. The post June jobs report supports Fed’s patient rate approach, says BlackRock’s Rosenberg appeared first on Crypto Briefing.
Weaker jobs data may delay Fed rate hikes, boosting equities but creating uncertainty in bond and crypto markets due to inflation concerns. The post Dow, S&P 500, and Nasdaq open higher as weak jobs data eases rate worries appeared first on Crypto Briefing.
Government stakes in private firms could shift US economic policy, risking market dynamics and innovation by resembling state capitalism. The post Kevin Hassett warns against government ownership of Intel, calls situation ‘very serious’ appeared first on Crypto Briefing.
Daly's caution highlights the complex interplay of geopolitical factors and policy shifts, impacting future Fed rate decisions and economic stability. The post Fed’s Daly expects inflation to cool, warns of uncertainty appeared first on Crypto Briefing.
The unexpected job growth slowdown may prompt Fed rate cuts, impacting liquidity and potentially increasing volatility in risk assets. The post US government adds 57,000 jobs in June, unemployment falls to 4.2% appeared first on Crypto Briefing.
