US weekly jobless claims fall to 215,000, signaling steady labor market that complicates rate cut hopes

Iran's threats heighten geopolitical tensions, impacting global energy prices and crypto markets, while intensifying regulatory scrutiny. The post Iran warns Gulf nations to shut oil wells amid US attack threats, rattling energy and crypto markets appeared first on Crypto Briefing.

The post Fed: Divergent inflation paths shape rate outlook – Societe Generale appeared on BitcoinEthereumNews.com. Societe Generale’s Jan Groen notes that the June Federal Open Market Committee (FOMC) minutes confirmed a hawkish hold, with the Summary of Economic Projections (SEP) showing an even split between members favoring unchanged or lower rates and those preferring hikes. The Fed sees inflation as too high and the labor market as durably stable, but is divided on how long elevated inflation will persist, which drives differing policy rate views. Committee split on inflation persistence “We had a hawkish hold at the June FOMC meeting with the June update of the SEP indicating an even split between Committee members that wanted to keep rates on hold or cut vs. members who wanted to raise rates.” “Today’s release of the minutes of that meeting did not contain any major surprises and it confirmed the hawkish undertone from the post-meeting communications.” “Where there was disagreem

The end of the US-Iran ceasefire may prompt Europe to reassess its military alliances and could lead to broader market volatility. The post Trump declares US ceasefire with Iran is over, sending Bitcoin down 2% and rattling European markets appeared first on Crypto Briefing.

Micron's investment enhances US tech independence, boosts job creation, and stabilizes supply chains, impacting AI and crypto sectors significantly. The post Micron boosts US investment plan, commits $250B through 2035 appeared first on Crypto Briefing.

The escalating US-Iran conflict could destabilize global markets, complicate sanctions enforcement, and intensify crypto's geopolitical role. The post US-Iran conflict escalates with strikes and drone attacks in Persian Gulf, rattling oil and crypto markets appeared first on Crypto Briefing.

Micron's accelerated timeline bolsters US semiconductor self-reliance, enhancing national security and economic resilience amid global tech demands. The post Micron projects first wafer output in Idaho by mid-2027, accelerating US chip ambitions appeared first on Crypto Briefing.

Micron's investment bolsters US chip self-reliance, potentially reshaping global tech dynamics and enhancing AI and crypto infrastructure. The post Micron to invest up to $3B in US chip supply chain, fueling the AI infrastructure crypto miners depend on appeared first on Crypto Briefing.

Stable jobless claims and modest job growth bolster expectations for Fed rate cuts, potentially boosting risk assets like Bitcoin and Ethereum. The post US jobless claims hold steady at 215,000 as labor market signals ‘goldilocks’ zone for risk assets appeared first on Crypto Briefing.