FameEX Hot Topics | Trump Expresses Optimism as Inflation Eases and Markets Rally
2025-03-13 14:56:55
Equities and cryptocurrency markets staged a notable rebound this week after a steep downturn, driven by encouraging signs of easing inflation in the United States. On Wednesday, fresh data showed inflationary pressures continuing to decline, helping restore investor confidence. The cryptocurrency market edged up about 1%, with Bitcoin holding steady above $80,000. Meanwhile, major U.S. stock indices also posted gains, reflecting cautious optimism about the economic outlook.
President Donald Trump quickly seized on the market recovery to reaffirm his belief in the resilience of the U.S. economy. Despite ongoing debates over his tariff policies and their impact, Trump expressed strong confidence in his administration’s ability to guide the nation through uncertain times. “Markets are gonna soar when they see what’s happening,” he declared, emphasizing that the country would emerge “stronger than ever before” under his leadership.
Speaking to reporters, Trump cited his recent appearance at the Business Roundtable as evidence of corporate faith in his administration. He noted the unprecedented turnout of top executives from 150 major companies, calling it a sign of growing support for his economic agenda. “These are only the CEOs and chairmen,” Trump said, “the people that run the top 150 companies. Every single company showed up, first time it ever happened.”
Trump also reiterated his focus on cutting taxes and regulations—two pillars of his economic strategy. He suggested that bipartisan cooperation would amplify these efforts, taking a jab at Democrats by stating, “It would be great if the Democrats would do what’s right for our country for a change, because they really lost their way.” His remarks appeared aimed at boosting confidence while deflecting criticism about the long-term viability of his approach.
As the cryptocurrency market stabilized at a total valuation of $2.68 trillion and 10-year Treasury yields rose slightly to 4.305%, investors remain cautiously hopeful. With the Federal Reserve expected to cut interest rates in June.
Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.