📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
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Fed Chairman Powell hinted at cutting down the whales in July.
On July 1, Fed Chairman Jerome Powell spoke at the ECB Forum, stating that it is too early to consider cutting down the whales on interest rates in July and that any decision will depend on economic data. He emphasized the current context of instability due to protectionist trade policies, warning that this could affect vulnerable economies like South Korea. Powell also mentioned that Italy's new 26% tax could slow GDP growth. Previously, former President Trump called Powell an "idiot" for maintaining high-interest rates, arguing that this harms America's economy. Cryptocurrency investors are closely following signals from the Fed, as expectations of cutting down the whales on interest rates could provide bullish momentum for the market. Although Powell maintains a cautious stance, the crypto market still reacts positively.