According to Jinshi, the U.S. Department of Commerce will release the first reading of gross domestic product (GDP) for the first quarter of this year on Thursday (25th) local time. Wall Street predicts that the U.S. GDP will grow by 2.5% last quarter. The strong economic data may cause the Federal Reserve to change its original interest rate cut stance and focus on controlling inflation. Boris Schlossberg, macro strategist at BK asset management, said that consumer momentum remains strong and there is basically no risk of a sharp slowdown. He predicts that the economic growth rate in the next three quarters of this year is also expected to remain at around 2.5%, thanks to the effective supply of immigrants to the labor market, strong growth in real personal income and moderate improvement in financial conditions.