📢 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#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Goldman Sachs predicts that the Fed will cut interest rates three times this year, with weak employment being a key factor.
On August 18, Block Rhythm reported that Goldman Sachs expects the Fed to cut interest rates three times this year, with the expected cut times in September, October, and December, due to weak employment growth in the United States.
Analysts point out that the number of new jobs has slowed to about 30,000 per month, far below the approximately 80,000 needed to achieve full employment, and future revised data may lean negative. They believe the risks come not only from trade and immigration, but that "compensatory hiring" is fading, with growth in most sectors approaching zero.
Goldman Sachs warns that despite the unemployment rate remaining stable, even a slight slowdown in the labor market is concerning. If the unemployment rate rises more significantly, it could trigger a larger 50 basis point rate cut.