🎉 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
This week, the economic and financial community will focus on two major events. First, the United States will release the second quarter PCE price index on Wednesday evening, which is seen as a key data point reflecting inflation trends. Following that, the Fed will announce the latest interest rate decision in the early hours of Thursday, and the Fed chairman will also deliver an important speech.
The market generally expects that the interest rate may remain unchanged this month, so investors and analysts will focus more on the remarks of the Fed Chairman to seek clues about the direction of future monetary policy.
From the overall economic situation, the calls for interest rate cuts are growing louder, especially among certain political factions, where this voice is particularly strong. Driven by these expectations, the market has begun to view September as a potential starting point for a new round of interest rate cuts.
However, the Fed needs to balance multiple factors when formulating monetary policy, including employment, inflation, and overall economic growth. Therefore, the upcoming PCE price index data will provide important reference for decision-making. At the same time, the speech of the Fed chairman will also provide important clues for the market to interpret the current economic situation and future policy direction.
For investors, closely monitoring these key events and data is helpful in better grasping market trends and making informed investment decisions. Regardless of the final outcome, this will undoubtedly be an important economic moment worth paying close attention to.