📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
Market Analysis: Investors Favor Predictions of Interest Rate Cuts This Year
On June 19, analyst R. Burns McKinney said that investors know that interest rates will not change, but they are concerned about the Fed’s forecast of interest rate cuts between now and the end of the year. The previous dot plot predicted 2 rate cuts, and investors are worried that this forecast will be lowered to 1. However, the Fed kept its expected rate cuts at 2, and in general, investors like to see that. However, Powell’s comments also suggest that the FOMC raised its year-end inflation estimate and lowered its guidance for full-year GDP growth. The slowdown in GDP growth may be the reason why the central bank maintained its previous expectations; However, investors are concerned that the higher inflation outlook means fewer rate cuts in the future.