U.S. White House National Economic Council Director Hassett: GDP growth is on track to reach 4%.
Stronger data means rate-cut expectations will have to be pushed back. The dollar is firming, and risk assets are taking a breather.
$BTC The biggest fear right now isn’t bad news—it’s “good news”: the economy is too strong, so easing will come more slowly.
In the short term, it all comes down to whether the 90,000 level holds. If it doesn’t, it’s a shakeout.
Stronger data means rate-cut expectations will have to be pushed back. The dollar is firming, and risk assets are taking a breather.
$BTC The biggest fear right now isn’t bad news—it’s “good news”: the economy is too strong, so easing will come more slowly.
In the short term, it all comes down to whether the 90,000 level holds. If it doesn’t, it’s a shakeout.