Economy

The latest economic outlook for 2025 shows a significant downward revision in global growth forecasts compared to earlier projections. This update highlights the need for strategic financial planning in uncertain times.

The Bureau of Labor Statistics revised job growth figures down by 911,000 jobs through March 2025, marking the largest adjustment since 2002. Key sectors like leisure and hospitality, professional services, and retail trade were notably impacted. This signals a weakening labor market ahead of recent economic slowdowns and has sparked political debate.

Bitcoin's price saw a decline following a mixed U.S. jobs report and market fluctuations. Despite some tech stocks gaining post-earnings, expectations for a Federal Reserve rate cut are growing, influencing treasury yields and gold prices. Discover how these shifts could impact your crypto investments and how Bitlet.app can help you buy cryptocurrencies conveniently through its unique installment plan.

In March 2025, President Trump signed an executive order to create a Strategic Bitcoin Reserve, capitalizing on the federal government's existing bitcoin holdings. This move, placing the U.S. as the largest state holder of bitcoin with approximately 200,000 BTC, has sparked mixed reactions among economists, while some states pursue similar initiatives.