🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Bloomberg: Signs of a slowing U.S. economy strengthen market expectations for a rate cut by The Federal Reserve (FED)
On May 29, Bloomberg reported that U.S. Treasury bonds rose on Thursday after data showed that the world's largest economy contracted earlier this year, intensifying market bets that The Federal Reserve (FED) will lower interest rates twice before early 2026. The strengthening of U.S. Treasuries led to a slight decline in yields for the day. The latest revision of the U.S. first-quarter GDP data showed that economic growth was restrained due to weak consumer spending. Traders still bet that the FED will start the next round of rate cuts in October and expect a cumulative cut of 55 basis points by January next year.