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
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
💥Critical Warning from FED Chairman Jerome Powell US Debt Growing Much Faster Than the Economy💥
In his recent statements, Federal Reserve Chairman Jerome Powell drew attention to the rapidly increasing US national debt, issuing a strong warning to economic management. Powell emphasized that the growth rate of federal debt "significantly exceeds" the expansion rate of the country's economy, stating that the current trend is unsustainable.
"If nothing is done soon, this situation will not end well," Powell said, adding that ensuring long-term fiscal discipline is critically important.
📊 Historical Debt Levels
According to the latest data, the total US national debt has exceeded $34 trillion. This figure is far above the Gross Domestic Product (GDP), which represents the country's annual economic output. Experts point out that this increase in the debt-to-GDP ratio significantly increases pressure, particularly on interest payments.
With rising interest rates, the US Treasury's borrowing costs are also rapidly increasing. This could mean further restrictions on government spending in the future.
⚠️ Structural Risks and Economic Impacts
Economists point out that if the debt cannot be brought under control, several significant risks may emerge:
A rapid increase in the government's interest burden
The possibility of cuts in social spending
Pressure from potential tax increases
The risk of loss of confidence in global markets
Institutions such as the International Monetary Fund and the Congressional Budget Office are similarly warning about the US's fiscal sustainability.
🏛️ A Moment of Political Decision
Powell's remarks come amid ongoing debates in Washington over the budget deficit and government spending. There are significant disagreements between Democrats and Republicans regarding tax policies and spending cuts.
However, according to experts, the longer a solution is delayed, the greater the cost. In the medium and long term, harsher measures may be necessary.
🌍 Global Impacts
While the US economy remains the world's largest, its fiscal balances directly impact global markets. A potential crisis in US debt dynamics could threaten not only local but also global financial stability.
📌 Conclusion:
Jerome Powell's warning is a critical alarm not only for the US but also for the global economy. Policy decisions made in the face of increasing debt burden will determine how economic balances will be shaped in the coming years.
#MarketsRepriceFedRateHikes
#WarshLeadsFedChairRace
#CreatorLeaderboard
Markets Re-price Fed Interest Rate Expectations: Hopes for Cuts Postponed, Risk of Increases on the Table
The US Federal Reserve's (Fed) cautious stance and the inflation risk triggered by tariffs are sharply changing expectations regarding the interest rate path in the markets. Investors who in recent weeks were pricing in an "aggressive rate cut in 2025" scenario are now considering both a postponement of cuts and, with a limited probability, a rate hike.
Fed's Latest Message: Wait-and-See, No Hasty Cuts
The Fed kept its policy rate stable at 4.25–4.50%, maintaining its June projections of a half-point rate cut by the end of 2025. However, Chairman Jerome Powell emphasized that "no one is bound to this path with great confidence" and stated that the Trump administration's import tariffs would lead to "a significant increase in inflation in the coming months."
The Fed's projections foresee growth slowing to 1.4% in 2025, unemployment rising to 4.5%, and inflation remaining at 3% by the end of the year—a scenario described as "moderate stagflation." Disagreements within the committee are also evident: 7 of the 19 members believe no rate cuts will be needed in 2025.
Market Reaction: Rate Cuts Delayed, Rate Hike Pricing Begins
A majority of economists surveyed by Reuters expect the Fed to keep rates steady at least until September; 59 of 105 economists predict the first cut will come in September, while a minority of 42% believe the cut will be delayed until the fourth quarter or later.
More noteworthy is the change in derivatives markets: with Brent oil rising to $97 and WTI to $95, investors have begun pricing in a 25% probability of a Fed rate hike in 2026. Concerns that rising energy costs will accelerate inflationary pass-through are weakening the “tariff cycle” narrative.
Asset Prices Seek Direction
Market reaction to recent Fed decisions has been cautious:
S&P 500 tested a record high and retreated, Nasdaq rose 0.3%, Dow remained flat
US 10-year Treasury yield fell to 4.2791%
Dollar index rose 0.35% after the decision
According to Morgan Stanley data, the S&P 500 provides an average monthly yield of 1.7% during periods when the Fed cuts interest rates—but this support is weakening with the postponement of cuts.
Analysis: Fed Faces Two-Way Risk
As Powell put it, “if there were no tariffs, cuts could already be on the agenda.” However, the pass-through of the cost shock from producer to consumer is not yet complete, and the Fed wants to “wait a few months and see the data.”
This is a clear message for the markets: Rate cuts are on the table, but not automatic. If tariffs keep inflation above its 2% target, the risk increases that the Fed will either slow down its rate cuts in 2026 (only 25 bp per year in 2026-2027) or move towards rate hikes.
The critical threshold for investors will be oil prices surpassing $100 and core PCE remaining above 3%. Until then, "wait-and-see" pricing will continue to keep volatility high across asset classes.