gdp

According to Jinshi reports, Federal Reserve Chairman Powell stated that we may be seeing the divergence between GDP and employment beginning to resolve.

According to Jinshi News, New York Fed President Williams expects the U.S. economy to remain healthy in 2026 and suggests there is no reason for interest rate cuts in the short term. He stated that the current monetary policy is in good shape, which helps support labor market stability and drives inflation back to the 2% target. Williams anticipates this year's GDP growth rate to be between 2.5% and 2.75%, the unemployment rate to stabilize, and inflation pressures to peak in the first half of this year between 2.75% and 3%, averaging 2.5% for the year.

According to Jinshi News, U.S. President Trump praised the third-quarter GDP data in a post on social media, pointing out that the growth rate reached 4.2%, far exceeding the expected 2.5%. He criticized the market's unusual reaction, believing that good news led to the stock market remaining flat or declining, as Wall Street is concerned that interest rate hikes will prevent potential inflation. Trump hopes that the new Federal Reserve Chairman will lower interest rates when the market is doing well, rather than suppressing the market, and stated that the inflation issue will naturally ease and should never lead to interest rate hikes to curb increases.

According to Jinshi, the annualized quarterly rate of the actual GDP in the United States for the third quarter is 4.3%, expected 3.3%, previous value 3.8%.

According to the RootData calendar page, next week includes several important news items such as project updates, macroeconomic finance, token unlocks, incentive activities, and presale events. Details are as follows:December 22:MBG unlocks 21.667 million tokens, valued at $11.0472 million, accounting for 16.615% of the circulating supply.December 23:ZORA unlocks 166.667 million tokens, valued at $6.8379 million, accounting for 3.715% of the circulating supply;AVAIL unlocks 209.132 million tokens, valued at $1.3988 million, accounting for 5.787% of the circulating supply;U.S. Q3 real GDP annualized quarter-on-quarter preliminary rate.December 24:NIL unlocks 6.1392 million tokens, valued at $0.3443 million, accounting for 2.174% of the circulating supply.December 25:Bank of Japan Governor Kazuo Ueda delivers a speech at the Japan Business Federation.December 26:AMI unlocks 26.3889 million tokens, valued at $0.2644 million, accounting for 22.615% of the circulating supply;W unlocks 40.3185 million tokens, valued at $1.3116 million, accounting for 0.789% of the circulating supply;ALT unlocks 246.5898 million tokens, valued at $2.6919 million, accounting for 4.971% of the circulating supply;Japan's November unemployment rate.December 27:WAL unlocks 17.5 million tokens, valued at $2.1883 million, accounting for 1.134% of the circulating supply;December 28:The deadline for claiming the AltLayer Phase 2 EIGEN airdrop is December 28 at 08:00 UTC;XPL unlocks 88.8889 million tokens, valued at $11.7222 million, accounting for 4.938% of the circulating supply;SIGN unlocks 96.6667 million tokens, valued at $3.0849 million, accounting for 6.519% of the circulating supply.In addition, there is a button at the top of the RootData calendar page for generating image shares, allowing users to select important events for sharing.Risk Warning: This calendar does not constitute any investment advice.

According to Jinshi News, next week will welcome the Christmas market, with U.S. stocks closing early on Wednesday and remaining closed all day on Thursday. The market is focused on whether Trump will announce the nominee for the Federal Reserve Chair during the Christmas period. Currently, Kevin Hasset, the Director of the National Economic Council, has a significantly higher probability of becoming the next Federal Reserve Chair at about 54%. Former Federal Reserve Governor Kevin Warsh has a nomination probability of about 21%, while Federal Reserve Governor Christopher Waller has a nomination probability of about 14%. Important macro events and data for next week are as follows:Tuesday:U.S. Q3 real GDP annualized quarterly rate preliminary;U.S. Q3 real personal consumption expenditures quarterly rate preliminary;U.S. Q3 core PCE price index annualized quarterly rate preliminary;Wednesday:Bank of Canada releases monetary policy meeting minutes;U.S. initial jobless claims for the week ending December 20;Thursday:Bank of Japan Governor Ueda Kazuo delivers a speech at the Japan Business Federation;Japan's November unemployment rate;Market Closure Reminder: The Hong Kong Stock Exchange will have a half-day session on Wednesday, and the New York Stock Exchange will close early at 02:00 Beijing time on the 25th; U.S. stocks will be closed on Thursday for Christmas.

According to Jinshi reports, Federal Reserve's Williams expects the GDP growth rate to reach 2.25% in 2026, significantly higher than the growth rate in 2025.

According to Jin Ten, Federal Reserve Chairman Powell stated that the upward revision of GDP growth expectations reflects the resilience of consumers.

According to Jinshi reports, the FOMC economic projections show that the median interest rate forecast is completely consistent with September, while the GDP expectations for 2025-2028 have been raised, and the PCE and core PCE expectations for 2025-2026 have been lowered.

According to Jinshi reports, U.S. Treasury Secretary Yellen stated that the government shutdown has caused a permanent hit of $11 billion to the U.S. GDP.

According to Jin Ten's report, the Federal Reserve's October meeting minutes indicate that compared to the September meeting's forecast, the October forecast shows a slight overall enhancement in real GDP growth through 2028, mainly reflecting an expected increase in potential output growth. The unemployment rate is expected to gradually decline after this year, and the inflation forecast is largely similar to that of the September meeting, with expected tariff increases posing upward pressure on inflation in 2025 and 2026.

According to Jinshi reports, the Federal Reserve's October meeting minutes indicate that actual GDP growth slowed in the first half of this year, affected by the federal government shutdown, resulting in limited labor market information. Existing indicators suggest that the labor market continues to gradually cool, with no signs of sharp deterioration. Consumer price inflation has risen since the beginning of the year, with the overall inflation rate estimated at 2.8% in September, and the core PCE inflation rate also estimated at 2.8% for the same period.

Japan's economy has contracted for the first time in six quarters, complicating the Bank of Japan's timeline for its next interest rate hike. Preliminary government data released on Monday showed that Japan's real GDP shrank by 0.4% quarter-on-quarter in the third quarter, marking the first contraction since the first quarter of 2024, with a year-on-year decline of 1.8%. The economic weakness may support the view that the Bank of Japan will wait until next year to take any policy measures.Specifically, from July to September, external demand contributed to a 0.2 percentage point decline in the country's GDP, reflecting the impact of increased tariffs from the United States. Housing investment was another significant drag, falling by 9.4% from the previous quarter. Nevertheless, economists believe that this decline is due to temporary factors related to regulatory changes, and they expect the market to recover. (Jin Shi)

ChainCatcher news, according to Jinshi reports, U.S. President Trump stated that by the end of his second term, there could be $21 trillion to $22 trillion in investments flowing into the U.S.; he will not allow the Federal Reserve to raise interest rates, and expects GDP growth of 4% in the next quarter; he hopes the U.S. will occupy an important position in the chip industry.

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Waller stated that if GDP remains resilient or the job market accelerates, the pace of interest rate cuts is expected to slow down.

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Waller stated that GDP is expected to weaken by the end of this year.

ChainCatcher news, according to Jin10 reports, Federal Reserve Governor Barr stated that recent spending data indicates that the GDP growth rate in the third quarter remains strong.