Saw some news this morning: U.S. Treasury Secretary Bessent said their economic growth target for this year is 3%.



At first glance, that number doesn’t seem explosive, but in today’s global economic environment? Honestly, it’s already pretty impressive. It means that the world’s largest economic engine can still maintain a decent speed this year.

In practical terms, this could trigger several chain reactions—if the U.S. consumer market really holds up, friends doing cross-border business might finally catch a break; as the “leader” of the global economy, if they stay steady, it could provide a floor for other markets; and for the Fed, it gives them more flexibility with their policy options, offering more room and timing to adjust interest rates.

That said, this is just a forecast—the real situation won’t be clear until the year-end numbers come out. But when the Treasury Secretary steps up and makes a statement like this, it usually means they have some confidence in their projections.

For such a large economy to maintain stable growth, it’s definitely not bad news for the global market as a whole. In the coming period, we can keep an eye on the Fed’s actions and see how the market responds.
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MEVHunterBearishvip
· 9h ago
3% may not sound high, but it's good enough to hold in this environment now. The ones involved in cross-border have been saved.
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ContractBugHuntervip
· 12-09 13:55
3% huh, doesn't sound like much, but in this environment it's actually pretty good. --- If the US stabilizes, cross-border e-commerce businesses can finally breathe easier—this move will benefit the entire supply chain. --- That's what they say, but when the Treasury Secretary makes such statements, they've usually done their homework. Let's check the books at the end of the year. --- The Fed really does have more cards to play now, which leaves a lot of room for future moves. --- But that's only if the consumer market can really hold up; otherwise, it'll be embarrassing if things fall apart at year-end. --- When an economy of this size stabilizes, the global markets can breathe a little easier too. --- Rather than trusting predictions, it's better to closely monitor the Fed's next move—that's the real indicator.
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HashRatePhilosophervip
· 12-08 05:52
3% may not sound like much, but in the current environment it’s actually quite effective. The US needs to maintain stability for our global markets to have a way forward.
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FudVaccinatorvip
· 12-08 05:48
3%? Sounds nice, but let's see if it actually comes through by the end of the year.
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MoonMathMagicvip
· 12-08 05:45
3% doesn’t sound like much, but at this point it’s actually pretty significant. The Fed will have to come up with something new again, and we retail investors will probably get squeezed once more. The real results will show at the end of the year; everything now is just on paper. But as long as the consumer market holds steady, my small US stock positions won’t do too badly.
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CryptoDouble-O-Sevenvip
· 12-08 05:38
3% sounds okay, but I'm worried it might just be a paper figure. That being said, if the US stabilizes, we can indeed breathe a sigh of relief here. But I usually take the Treasury Secretary's tough talk with a grain of salt—let's see what happens at the end of the year. The Fed's actions are what really matter. Since they haven't cut rates yet, I still need to keep watching.
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ImpermanentPhilosophervip
· 12-08 05:37
3% sounds good, but what I care more about is whether the Fed will actually cut rates.
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ChainPoetvip
· 12-08 05:35
3%? Let's wait and see—these kinds of predictions usually need to be taken with a grain of salt. The folks at the Fed are masters at painting rosy pictures; the real deal will be at the year-end reckoning. Cross-border guys can finally breathe a bit easier—it’s actually some good news for once. If the Treasury Secretary dares to say this, it shows they probably know what they’re doing. With the global economy so competitive right now, as long as the US stays steady, other countries will have a chance to keep up. I just want to know if this 3% will actually be realized—talk is cheap, actions matter. Looking forward to seeing what the Fed does next; they finally have some breathing room. Instead of watching predictions, it’s better to pay attention to the actual data—the mid-year report is what really matters. I don’t understand the world of the rich, but this is definitely a plus for the market.
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