White House economic advisor just dropped his stance on growth targets - anything around 3% for the first two quarters would fall short of expectations. That's a pretty bold signal about where the administration thinks the economy should be heading. For risk assets including crypto, this kind of macro commentary matters. If policymakers are pushing for higher growth rates, we could see more aggressive stimulus measures or policy shifts down the road. Market participants need to watch how these growth expectations play out against actual data releases in the coming months.
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FlashLoanLord
· 12-05 17:06
3%? Wishful thinking. In this environment, just being able to hold on is already pretty good.
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SoliditySurvivor
· 12-05 17:02
3%? LOL, that target is way too ambitious.
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MidnightSnapHunter
· 12-05 17:00
3%? Is this a joke? The Federal Reserve is about to start printing money again.
White House economic advisor just dropped his stance on growth targets - anything around 3% for the first two quarters would fall short of expectations. That's a pretty bold signal about where the administration thinks the economy should be heading. For risk assets including crypto, this kind of macro commentary matters. If policymakers are pushing for higher growth rates, we could see more aggressive stimulus measures or policy shifts down the road. Market participants need to watch how these growth expectations play out against actual data releases in the coming months.