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 40+ AI models, with 0% extra fees
##FedHoldsRateButDividesDeepen
⚖️ Fed Holds Rate, But Divisions Deepen
The Fed held rates at 3.50–3.75% on April 29 — likely Powell's final meeting as chair. But the vote revealed the deepest internal split in decades. Four officials dissented: Governor Miran wanted a cut, while three regional presidents objected to the statement's dovish forward guidance, specifically the implication that cuts would resume.
Powell announced he'll stay on as a Fed governor after his chairmanship ends May 15, citing ongoing legal threats from the Trump administration. Trump has vowed to fire him if he doesn't resign entirely — setting up another clash.
Markets are pricing no rate changes through 2026 and into 2027. Meanwhile, the Iran war's inflationary impact (oil above $100) and a weakening services sector (ISM non-manufacturing fell to 54 from 56.1) are pulling the Fed in opposite directions.
The irony: The Fed held rates because it can't agree on whether inflation or recession is the bigger threat. That uncertainty itself is a risk.
📊 Fed rate: 3.50–3.75% | 4 dissents | 30Y mortgage: 6.46%
#FOMC #RateDecision @Gate_Square