U.S. Treasury Secretary Howard Lutnick recently dismissed the possibility of an economic recession, saying that Trump's tariffs will drive $1.30 trillion in new investment and unlock U.S. growth potential. However, despite Roenick's optimism, cryptocurrency traders lack confidence in the market, and bitcoin and other cryptocurrencies have fallen.
Although the resilience of the labor market has temporarily contained recession expectations, the Atlanta Fed's GDPNow model forecasts Quarter 1 GDP growth of -2.8%, showing signs of slowing growth (CoinDesk).
U.S. Treasury Secretary Runik denies the possibility of a recession
2025-03-10 04:34:02
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