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Points
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Futures
Futures
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HOT
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Unified Account
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CandyDrop
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Launchpool
Quick staking, earn potential new tokens
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Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
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NEW
Earn futures points and claim airdrop rewards
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Auto-invest on a regular basis
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Crypto Loan
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Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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Stake cryptos to earn in PoS products
Smart Leverage
NEW
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Activity Center
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Referral
20 USDT
Earn 40% commission or up to 500 USDT rewards
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Gate Blog
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Proof of Reserves
Gate promises 100% proof of reserves
🔥🔥 Jerome Powell strongly opposed President Trump, the market is reacting positively 🔥
Jerome Powell firmly dismissed President Trump's statements, saying, "I will not comment on President Trump's statements. I have not spoken to him and will not yield to any of his requests. The Federal Reserve will act independently as needed."
🔥 Responding to the recent changes in politics, Powell acknowledged the temporary uncertainty, but expressed optimism that it would be resolved. He emphasized the stable state of the labor market as a significant positive.
🔥 Regarding the changes in the recent Fed statements, Powell explained: "We decided to remove the mention of inflation, which does not signal any negative intention."
🔥 Powell confirmed his position on monetary policy, stating, "My assessment of our policy stance remains unchanged; our current policy is significantly less restrictive than before."
🔥 Anticipating the future, Powell shared optimistic economic forecasts, noting, "GDP is projected to exceed 2% in 2024, and the real estate sector shows signs of stabilization."
🔥 Powell emphasized the importance of the Fed's independence, saying, "President Trump does not have the authority to fire me. The independence of the Federal Reserve System is important for the strength of the American economy."
Powell's resolute statements increased market confidence, demonstrating resilience against political pressure. 📈💪