Submitted Jul 10, 2026|From federalreserve.gov|5 comments

The Federal Open Market Committee (FOMC) is firmly committed to fulfilling its statutory mandate from Congress of promoting maximum employment, stable prices, and moderate long-term interest rates. The Committee seeks to explain its monetary policy decisions to the public as clearly as possible. Such clarity facilitates well-informed decisionmaking by households and businesses, reduces economic and financial uncertainty, increases the effectiveness of monetary policy, and enhances transparency and accountability, which are essential in a democratic society. The Committee’s monetary policy strategy is designed to promote maximum employment and stable prices across a broad range of economic conditions. Employment, inflation, and long-term interest rates fluctuate over time in response to economic and financial disturbances. Monetary policy plays an important role in stabilizing the economy in response to these disturbances. The Committee’s primary means of adjusting the stance of monetary policy is through changes in the target range for the federal funds rate. The Committee is prepared to use its full range of tools to achieve its maximum employment and price stability goals, particularly if the federal funds rate is constrained by its effective lower bound. Durably achieving maximum employment fosters broad-based economic opportunities and benefits for all Americans. The Committee views maximum employment as the highest level of employment that can be achieved on a sustained basis in a context of price stability. The maximum level of employment is not directly measurable and changes over time owing largely to nonmonetary factors that affect the structure and dynamics of the labor market. Consequently, it would not be appropriate to specify a fixed goal for emp Fed report: housing market activity remains stagnant Fed report: indicators of long-term inflation expectations broadly align with 2% target Just in | Federal Reserve Reports Bank Reserves Remain 'Ample' Despite Reserve Management Purchases Fed report: Q1 2026 expansion boosted by tech investment, government outlays

Submitted Jul 10, 2026|From @realDonaldTrump|27 comments

I will not sign the Housing Bill, which has been fully approved by Congress and sent to the White House, in PROTEST over the fact that the United States Senate is not capable of passing THE SAVE AMERICA ACT, which is polling at 97% with the Republican Party, and very high with the non-politician Dumocrats. The Act states, quite simply, that to Vote a person must show PHOTO VOTER I.D., PROOF OF CITIZENSHIP, AND THAT THERE WILL BE NO MORE CROOKED, CORRUPT, & DESTABILIZING MAIL-IN BALLOTS (EXCEPTIONS for Military, Disabled, Illness, and Travel!). THE SAVE AMERICA ACT’S non-passage is CRAZY, and a serious threat to any politician who votes against it! If the Dumocrats, or any RINO (or worse!) working with them, do not allow a positive Vote on SAVE AMERICA, TERMINATE THE FILIBUSTER, and pass this, and every other Bill that true Republicans have ever dreamt of (In addition to the upcoming Budget BOMB and the 1929 catastrophic style DEBT CEILING BILL!). The Dumocrats will TERMINATE THE FILIBUSTER, if and when they ever get the chance to do so, in their very first hour - And I will no longer be able to call them Dumocrats again! The title of DUMB will revert to the Republicans who allowed this horrible calamity to happen to our Party, and our Nation, itself! MAKE AMERICA GREAT AGAIN! President DONALD J. TRUMP

Submitted Jul 10, 2026|From statcan.gc.ca|34 comments

Employment was little changed in June (+18,000; +0.1%) and the employment rate rose 0.1 percentage points to 60.8%. The unemployment rate declined 0.1 percentage points to 6.5%. Employment was up among youth (15 to 24 years old) (+33,000; +1.2%) and ...

Submitted Jul 10, 2026|From @RedboxWire|6 comments

IRAN'S SECURITY COUNCIL SECRETARY STATED THAT ATTACKS ON INFRASTRUCTURE WILL BE RESPONDED TO, AND ISRAEL WILL FACE CONSEQUENCES.