🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
The latest economic data shows that the U.S. economy performed unexpectedly strongly in the second quarter, with a growth rate of 3.0%, far exceeding analysts' expectations of 2.5%. This data not only reversed the 0.5% decline trend from the first quarter but also injected new vitality into the healthy development of the U.S. economy.
However, despite positive economic data, the U.S. President is still speaking out on social media, urging the Federal Reserve to take further monetary easing measures. He stated on the Truth Social platform: "Interest rates must be lowered now." This appeal has reignited discussions about the independence of monetary policy.
The Federal Reserve's Open Market Committee is holding a two-day monetary policy meeting. Despite ongoing pressure from the executive branch, it is widely expected that the Federal Reserve will maintain the current interest rates. This highlights the central bank's difficult choices in balancing economic growth, inflation control, and financial stability.
The release of this economic data comes at a time when global financial markets are closely watching the direction of the U.S. economy. As the world's largest economy, the performance of the U.S. economy has a significant impact on the global economy and financial markets.
As the economic rise exceeds expectations, investors and analysts will pay more attention to the future policy direction of the Federal Reserve, as well as the potential impact of these policies on various assets such as the stock market, bond market, and cryptocurrencies. Regardless, the resilience of the U.S. economy has once again been demonstrated, which will undoubtedly become the focal point of global economic discussions for some time to come.