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Nobel Laureate Paul Krugman Suggests U.S. Economy Entering Recession Phase

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Nobel Laureate Paul Krugman suggested the U.S. economy may be entering a pre-recession phase, citing November nonfarm payrolls data. The unemployment rate rose to 4.6%, nearing the Sahm Rule threshold. Krugman estimated the October rate at 4.5%, interpolating between September and November figures, as data collection was disrupted by a government shutdown. With EU Markets in Crypto-Assets Regulation still evolving, global investors are closely watching how macroeconomic shifts might impact financial and crypto markets.
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