Powell Reveals Unexpected Economic Growth Before Shutdown

Federal Reserve Chair Jerome Powell recently revealed that the U.S. economy performed better than expected in the time leading up to the recent government shutdown, according to his speech at the National Association for Business Economics meeting. This unexpected growth trajectory has boosted market optimism and may influence financial markets, including cryptocurrencies. Powell’s remarks suggest revisions in economic forecasts may lead to a more robust path ahead for the U.S. economy.