US Treasury Secretary Roenicke denies possibility of recession

Odaily News U.S. Treasury Secretary Howard Lutnick recently dismissed the possibility of a recession, saying Trump's tariff policy will drive $1.3 trillion in new investment and unleash growth potential in the U.S. However, despite Lutnick's optimism, cryptocurrency traders are less confident in the market, and Bitcoin and other cryptocurrencies have fallen.
Although the resilience of the labor market has temporarily curbed expectations of a recession, the Atlanta Fed's GDPNow model predicts that GDP growth in the first quarter will be -2.8%, showing signs of slowing growth (CoinDesk)