🏦 The Bank of England just hiked rates 25bps to 4% — its first increase since August 2023
That's a long pause to break
Most people will read this as a straight inflation-fighting headline and move on
But the detail worth sitting with is the gap: over a year of holding, now a hike — something changed in their read on the economy
Higher rates usually tighten liquidity, and risk assets like BTC tend to feel that
Watching whether this is a one-off or the start of a new leg
$LAB $ARIA $CAP
That's a long pause to break
Most people will read this as a straight inflation-fighting headline and move on
But the detail worth sitting with is the gap: over a year of holding, now a hike — something changed in their read on the economy
Higher rates usually tighten liquidity, and risk assets like BTC tend to feel that
Watching whether this is a one-off or the start of a new leg
$LAB $ARIA $CAP
