Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
A major event late at night on April 30th! Powell's speech, the entire global investment industry was caught off guard!
On the early morning of April 30th, the Federal Reserve announced its interest rate decision, followed by Powell holding a significant press conference. This was one of his most critical speeches during his tenure, and the global capital markets were closely watching.
Currently, market data has fully revealed the situation: this round of interest rates will definitely remain unchanged, with the benchmark rate staying between 3.5% and 3.75%.
The latest data shows that the probability of a rate cut in June is only 2.6%, and the market generally expects that the first rate cut this year will be delayed until September or even later.
The biggest issue now is the rebound of inflation. The instability in the Middle East, rising oil prices, and the resurgence of U.S. inflation mean the Federal Reserve dares not easily cut interest rates.
The core focus of this speech is whether Powell’s stance is hawkish or dovish.
If he clearly indicates that inflation risks are high and continues to delay rate cuts, the dollar will strengthen, and the U.S. stock market bubble will be huge, leading to a sharp decline and adjustment.
Once the U.S. stock market falls back, global stock markets will also be dragged down, with A-shares and northbound funds flowing out, increasing overall market pressure.
If his tone is moderate and signals a potential rate cut, then global stock markets will temporarily rebound.
In simple terms, whether to raise or not has no suspense anymore.
The real factors that will determine the stock market, funds, gold, and currency trends in the second half of the year all depend on Powell’s statement on April 30th.