Dun. The president got what he wanted today. But I think you have a big cut because I I really I don't think he can help with cutting.It's perfect for cutting. The Federal Reserve met and they decided to cut interest rates by a quarter of a percent. Now the president got you know his guy Steven Mirren from the White House appointed as a new Fed governor.He was the one Fed governor who wanted them to cut rates even more but everyone else said we're going to go with a quarter of a percent. Now, there were two ...

📰 Topics like interest rate cuts, tariffs, job reports, and other economic data has dominated 2025 crypto price swings. Our latest insight takes a look at an easy way to quantify chatter about some of the most important topics to be more profitable. 👇https://t.co/NMhhRWBMfO https://t.co/6iDBniR6EV ...

The White House has good reason to cheer that the Labor Day holiday shortened a week filled with sobering economic data: Here’s your Evening Briefing https://t.co/MHUgHBKafh ...

Crypto Mainstream Adoption - US government is officially putting economic data onchain, marking a watershed moment for crypto [1] - A federal agency is using crypto oracles to publish official numbers, signaling crypto infrastructure is crossing into mainstream [2] - The biggest players in the world are beginning to use blockchains for transparency & decentralization [3] Data Transparency and Trust - Posting official numbers on public chains makes them tamper-evident and instantly checkable, boosting confidence in the data and trust [1] Smart Contract Integration Potential - Smart contracts can now react to GDP or PCE in real time, enabling GDP-linked payouts, on-chain hedges, auto-rebalancing funds, and cleaner prediction markets [2] Market Impact - Immediate market impact observed in PYTH and LINK prices [3]

RT robbie (@robbie_rollup)We are entering the era of verifiable government. It starts with basic economic data from which we can build efficient markets. Soon its federal defense contract, foreign “aid”, and every tax dollar spent by our representatives. 🇺🇸The Chainlink partnership with US Department of Commerce is the tip of the iceberg:- Real Gross Domestic Product (GDP)- Personal Consumption Expenditures (PCE) Price Index- Real Final Sales to Private Domestic PurchasersImagine DeFi built on top of federa ...

JUST IN: 🇺🇸 US Department of Commerce to publish economic data on blockchain. 🤔 ...

Slowly.Then all at once.Watcher.Guru (@WatcherGuru):JUST IN: 🇺🇸 US Government to begin publishing economic data on blockchain. ...

Federal Reserve & Monetary Policy - The Fed's members must work without political considerations to make the best judgments [2] - The FOMC consists of governors and Fed presidents, requiring consensus-building rather than individual decisions [6][7] - The Fed is balancing sluggish job market and GDP growth with above-target inflation, primarily in services [9] - The debate within the Fed centers on whether to prioritize inflation or the labor market side of the dual mandate [11][12] - A strong August jobs number could reduce the likelihood of action at the September meeting [12] - The debate is about the risk of not meeting either side of the dual mandate [12] Inflation & Economic Data - Approximately 80 million workers in the US making $50,000 or less have lost over 25% of purchasing power in the last five years [14] - The Fed should aim for a 2% headline inflation rate, especially for low and moderate-income workers [14][15] - Consumers can substitute goods for services, with goods representing about 25% of the US economy and services 75% [17] - The Beige Book is a critical part of the Fed's process, providing valuable anecdotal insights from businesses across the country [20][21] - Over-reliance on any single data print should be avoided, focusing instead on three-to-six-month trends [23][24]

Nomination Controversy - EJ Anthony's nomination to lead the Bureau of Labor Statistics (BLS) is facing controversy due to his presence near the Capitol on January 6, 2021 [1][3][4] - The White House claims Anthony was merely a bystander who wandered over after seeing news coverage [1][4] Senate Confirmation Concerns - Concerns exist regarding Anthony's qualifications and potential political influence on the BLS [6][10][11][14] - Conservative economists have criticized Anthony's understanding of basic economics [11] - There are fears of political interference with the accuracy of economic data if Anthony is confirmed [14] Potential Political Interference - Accusations suggest the nomination is politically motivated to undermine the credibility of American economic reporting [8][9][10][15][16] - Anthony previously questioned the reliability of the monthly jobs report, raising concerns about data manipulation [14]

Trump is ramping up military presence in DC, all based on his own madeup crime stats. Oh, quick fact check. Violent crime in DC dropped 26% over the last year.That is according to the police. Trump also wants to control the narrative when it comes to his lagging economy. Trump tapped a partisan hack to serve as Bureau of Labor Statistics Commissioner.His pick is now suggesting he could just get rid of monthly job reports. Trump fired the previous commissioner, falsely claiming she rigged those job reports. ...