Donald Trump boldly claimed that the U.S. GDP growth rate could hit 20% and demanded the Federal Reserve to cut interest rates.
43 minutes ago
US President Trump stated that the US GDP growth rate could reach 14%, 15%, 16% or even 20%. Even with such rapid economic expansion, this should not be a reason for the Federal Reserve to raise interest rates. He claimed that "success in growth will not trigger inflation" and demanded that the US have "the lowest interest rates in the world". The US July PCE price index rose 3.7% year-on-year, still above the Fed's 2% inflation target. Markets widely expect the FOMC to raise interest rates in September. Data from the US Bureau of Economic Analysis shows that since 1947, the US real GDP annualized quarterly growth rate has hit or exceeded 20% only once: the 34.9% rebound in the third quarter of 2020 after the end of pandemic lockdowns. The US real GDP annualized growth rate in the second quarter of 2026 stood at 1.5%, down from 2.1% in the first quarter. Trump also said he has great respect for Fed Chair Walsh, believing that he "will do what needs to be done" on interest rate matters. Walsh recently noted that if inflation cannot be confirmed to be falling back toward the 2% target, the Fed "will have work to do". (Jinshi)
Strategy maintains STRC's September dividend yield at 12.00%
1 minutes ago
CZ responds to taking on the $4.3 billion fine: "I took the hit for the industry, it was worth it"
1 minutes ago
Crypto prediction market platform Polymarket is planning to raise $1 billion in a funding round, with 1789 Capital leading a $300 million investment, putting its post-money valuation at $21 billion.
1 minutes ago
a16z expands its Growth Fund to $8.5 billion, and closed a new $1.1 billion AI hardware fund just days ago.
1 minutes ago
BitMine adds another 51,000 ETH to its holdings, valued at approximately $126 million.
1 minutes ago
US SEC steps up scrutiny of SPV investments in private companies, requires proof of asset authenticity.
1 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

