US President Donald Trump Signs 43-Day-Long Plan! The White House Makes Important Statement That the Fed Won't Like!
The US government shutdown, which has been in effect for more than 40 days since the beginning of October, has finally come to an end.
US President Donald Trump has officially signed a temporary funding bill to end the federal government shutdown, ending the longest government shutdown in history at 43 days.
With the government's resumption of operations, budget implementation and public services will resume.
At this point, markets are also waiting for policy uncertainty to diminish and important economic data to be released again.
According to NBC News, White House spokeswoman Karoline Leavitt said at a briefing that key economic data such as the October CPI and employment report likely will not be released.
“Democrats have done lasting damage to the federal statistical system. The October Consumer Price Index (CPI) and employment report are likely to be withheld, and the credibility of all future economic data has been shaken.”
While economists were already predicting that the October CPI indicator might not be released, Goldman Sachs also stated that they agreed.
Accordingly, Goldman Sachs analysts said that the release of key macro indicators, including the October Consumer Price Index (CPI), will be difficult.
President Trump signed the temporary budget bill that officially ended the government shutdown, but it will take time for the process to return to normal, according to analysts.
“The Bureau of Labor Statistics will announce a new schedule for the release of indicators. The release of other key economic indicators may also be delayed sequentially,” Goldman Sachs said.
As is known, October CPI data is expected to be announced today.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Latest Updates: Major Investors Increase Their Holdings, Keeping Bitcoin Steady Over $105K Despite $1.7B ETF Withdrawals
- Bitcoin stabilizes above $105,000 amid a falling wedge pattern on 4-hour charts, with analysts eyeing a potential $120,000 breakout if key resistance is breached. - Whale activity (holders of >10,000 BTC) doubled holdings by 36,000 BTC, countering $1.7B ETF outflows and anchoring prices above $100,000 despite mid-sized investor exits. - Macroeconomic factors—including U.S. government shutdown resolution and Fed pause expectations—bolster risk-on sentiment, while Bitcoin’s decoupling from NASDAQ and M2 mo
Hyperliquid News Today: ZKP Leads Crypto’s Transformation from Speculative Trading to Efficient, Privacy-Focused Computing
- ZKP, a self-funded decentralized compute network, claims $100M infrastructure to outpace Ethereum and Hyperliquid with immediate utility via hardware-based Proof Pods. - The project secured $17M in pre-orders for plug-and-play Pods generating on-chain rewards, contrasting with competitors' phased upgrades and speculative models. - Rising institutional interest in privacy coins like Zcash (ZEC) highlights shifting capital toward privacy-focused assets as ZKP bridges AI and blockchain with transparent earn
ZKP Disrupts Traditional Crypto Standards Through Open Auctions
- ZKP introduces a crypto presale model using daily on-chain auctions to eliminate insider advantages and prioritize market-driven price discovery. - The project allocates 200 million tokens daily via proportional contributions, with a $50,000 cap to prevent market manipulation by large investors. - Unlike traditional presales, ZKP has no private allocations, team unlocks, or venture capital deals, ensuring equal access for all participants. - Custom Proof Pods validate cryptographic proofs and earn reward
Bitcoin News Update: Cash App Connects Users to Global Finance Using Bitcoin and Stablecoins
- Cash App, operated by Block Inc. , introduces Bitcoin Lightning Network and stablecoin payments, aiming to boost mainstream adoption of digital assets for everyday transactions. - The updates enable 58 million users to send/receive Bitcoin instantly and low-cost, while merchants can accept BTC in multiple formats without fees until 2027. - Stablecoin support via Solana’s USDC aligns with the GENIUS Act, enhancing fast, dollar-pegged transactions and regulatory clarity for merchants and consumers. - Block
