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jimwilldoit积木
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Bullish$BTC The Bank of England keeps rates on hold this time!
The benchmark interest rate remains at 3.75%.
Global central banks’ timelines are starting to diverge clearly!
UK inflation in August has risen back to 3.1%.
High oil prices are pushing the room for rate cuts back down again!
On September 17, the Bank of England announced it would keep the Bank Rate unchanged at 3.75%. Currently, UK inflation has climbed to 3.1%, again above the 2% target. After geopolitical tensions in the Middle East boosted energy prices, the Bank of England expects inflation to continue rising. However, the so-called “second-round effects” from prices and wages remain relatively limited for now.
This pause looks more like an assessment of how long the energy shock can last. For BTC, the global liquidity story can no longer be viewed as only tied to the Fed: if high oil prices keep weighing on the UK and other central banks’ easing pace, a high-rate environment will be harder to end quickly. Conversely, only if energy prices continue to fall will there be a chance to reopen easing expectations.
The UK didn’t raise rates—but it also didn’t give the market any more dovish signals.
Whether oil prices can keep cooling will directly affect what comes next for global interest-rate trading!
Click the card below—go for it! 👇
$ETH $SNDK
The benchmark interest rate remains at 3.75%.
Global central banks’ timelines are starting to diverge clearly!
UK inflation in August has risen back to 3.1%.
High oil prices are pushing the room for rate cuts back down again!
On September 17, the Bank of England announced it would keep the Bank Rate unchanged at 3.75%. Currently, UK inflation has climbed to 3.1%, again above the 2% target. After geopolitical tensions in the Middle East boosted energy prices, the Bank of England expects inflation to continue rising. However, the so-called “second-round effects” from prices and wages remain relatively limited for now.
This pause looks more like an assessment of how long the energy shock can last. For BTC, the global liquidity story can no longer be viewed as only tied to the Fed: if high oil prices keep weighing on the UK and other central banks’ easing pace, a high-rate environment will be harder to end quickly. Conversely, only if energy prices continue to fall will there be a chance to reopen easing expectations.
The UK didn’t raise rates—but it also didn’t give the market any more dovish signals.
Whether oil prices can keep cooling will directly affect what comes next for global interest-rate trading!
Click the card below—go for it! 👇
$ETH $SNDK
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