U.S. Treasury Secretary reveals Fed nominee coming soon, this year's GDP growth expected to be 4%-5%

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【Crypto World】U.S. Treasury Secretary Janet Yellen recently stated that the final stage of selecting the Federal Reserve Chair has been reached, and a choice will be made soon from four outstanding candidates, with the announcement expected next week.

She also expressed optimism about the U.S. economic outlook for this year, expecting real GDP growth between 4% and 5%. If this growth rate is achieved, it would indicate that the U.S. economy will maintain a relatively strong growth momentum.

These two signals are crucial for the market. The change of the Federal Reserve Chair could influence the direction of monetary policy, while the GDP growth expectation directly relates to the dollar’s trend and the global liquidity environment — all of which are important factors affecting digital assets. Investors are advised to pay attention to the official announcement next week.

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tx_pending_forevervip
· 20h ago
4%-5% growth rate? That's so optimistic, feels a bit exaggerated haha The new chairman candidate will be announced next week, we need to keep a close eye on this, the crypto market is about to take off The Fed's leadership change + the dollar's direction, whether it's a double positive or negative depends on who comes in I think this decision will be very crucial, it depends on whether they are hawkish or dovish Make sure to stay in front of the screen next week, such heavy news can easily cause a market dump
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DancingCandlesvip
· 20h ago
4%-5%? That number sounds a bit uncertain. Can the US economy really be this stable? Next week, the new Federal Reserve Chair will be officially announced. That's the real highlight. The crypto circle will be shaken up again then.
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TopBuyerForevervip
· 20h ago
4%-5%?That's just hype. Can the dollar still hold strong? Next week, we'll find out who that guy is, and we'll see if he's truly capable. By then, the crypto circle will probably shake again.
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RugResistantvip
· 20h ago
4%-5%?Haha, more empty promises. Let's wait and see if it ends in failure.
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NFTregrettervip
· 20h ago
The 4%-5% figure, just listen to it and don't take it seriously. When the Fed Chair changes, policies could reverse, and then economic data would be just a paper tiger.
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GasSavingMastervip
· 20h ago
Here we go again, hyping GDP at 4-5%? Wake up, everyone. --- What difference does it make who is elected as the new Federal Reserve Chair? They’re just going to keep squeezing us. --- A 4% growth rate sounds good, but it will make the dollar even stronger. How will crypto rise then? --- Every time they say we’ll see next week, and next week brings a new story. It’s a cycle. --- How credible is Bessent’s statement? What happened to their previous predictions? --- The key still depends on how US dollar policy unfolds. What’s the use of pretty GDP numbers? --- Wait, is this hinting at interest rate cuts or hikes? I don’t get it. --- Honestly, the new Chair will probably be hawkish, and the crypto world will have a tough time again.
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