Even though the unemployment rate reaches a new peak cryptocurrencies he doesn’t care about that. If we had seen a figure that was extremely below expectations, large red candles would probably have formed on the charts. The basis of the negativity that drives investors crazy is concerns about January, and the White House official is talking about exactly these at the time of writing.
Economy Breaking News
There is an undeniable relationship between cryptocurrencies and the US economy. The Fed did not cut interest rates this year as expected and is still reluctant to ease. Moreover, despite the bad unemployment figures, Powell and the majority of the team continue to have inflation concerns. Yared from the White House said the latest unemployment rate increase was statistically insignificant and emphasized that the economy was healthy.
“Wages are rising, which is allowing people to re-enter the workforce. We shouldn’t read too much into the increase in the unemployment rate. Inflation is returning to historical ranges.”
Named among the names that could be Fed President envy whereas white house As Senior Advisor, he is making important statements on many issues while the article is being prepared. You can see the important highlights below:
- (About the unemployment rate) I see a solid upward trend.
- Trump, interest rates He thinks it could be lower.
- On the Fed: If I were there, I’d have to negotiate with the rest of the committee.
- About the Fed: I’m right, there’s plenty of room to lower interest rates.
- On the Fed: I think we can get back to 3% growth and 1% inflation.
- There is plenty of room to lower interest rates with a positive supply shock.
- The White House has backup plans if the tariffs are lifted.
- On the Fed: If Trump has a good reason and I agree, I’ll present it to others.
- On the Fed: A consensus based on facts and data is needed.
- It is necessary to direct movements in interest rates by consensus.
- About employment data: I’m optimistic for 2026.
- About employment data: Impacted due to government shutdown.
- I see increased productivity and wages of employees trained in artificial intelligence.
- The government shutdown caused people to delay hiring.
- Everyone should expect hiring to pick up again after the government shutdown.
- About GDP growth: Looking at the supply side, there needs to be growth of over 4%.
- I think the productivity increase thanks to artificial intelligence is between 2.5-3%.
- I don’t think we are behind China.
- We have the best chips and plan to deregulate
- We are rapidly closing the gap in energy production.
BTC was not affected by the latest statements, but the statement “we are preparing” for the headline “Cancellation of Customs Tariffs by the Supreme Court” may reduce uncertainty. This was the most important detail in this speech for cryptocurrencies, and it would be good for cryptocurrencies if Trump respected the upcoming court decision and calmed the markets quickly, instead of chaos and uncertainty. Meanwhile, BTC is still below the bear flag support and the technical outlook is negative.
