#fomc

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,

FOMC minutes and a higher 3.8% 2026 rate path meet a 14.9% Q2 S&P 500 surge. Stocks still need patient cuts, not rushed pivots, to hold gains into H2 as jobs cool.

Warsh's decision to withhold guidance heightens market uncertainty, potentially signaling internal FOMC discord and impacting rate expectations. The post Fed Chair Warsh to skip forward guidance ahead of July FOMC meeting appeared first on Crypto Briefing.