Bitcoin.com News
Bitcoin.com News|Feb 28, 2025 23:32
📉 The Atlanta Fed’s GDPNow forecast signals a -1.5% Q1 2025 contraction, which could rattle stocks and bitcoin. Markets now await the Fed’s response to economic headwinds. 🏦 - A sharp drop in net exports and weaker consumer spending drove the GDPNow model’s stark revision to -1.5%. - Stocks face earnings risks; bitcoin and crypto assets may swing on Fed rate-cut expectations. - The Fed balances inflation concerns (3% in January) against pressure to stimulate growth, delaying rate-cut clarity.
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