Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
tag
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
Gate Learn
Crypto guides and educational resources
Gate Blog
Crypto insights and industry updates
Gate Research
In-depth research and market analysis
flower_head
More
Promotions
AI
Others
TradFi（新）
Gate Card
Rewards

Bank of England May Warn of Rate Hikes But Likely to Resume Cuts in December, Berenberg Says

GateNews
Forex
According to Berenberg analyst Andrew Wishart, the Bank of England is expected to maintain its key rate at 3.75% on Thursday (July 29), though it may warn of potential rate hikes if energy prices surge significantly. However, Wishart noted such warnings do not signal a high likelihood of actual increases. He added the central bank is likely to resume rate cuts in December and gradually reduce the policy rate to 3.0% by mid-2027, as wage and services inflation trends downward.
View Source
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

1h ago
Bank of England to Assess Quantitative Tightening on Thursday; Market Focus on Inflation Guidance
2h ago
Bank of England Voting Split to Drive Sterling on Thursday; 7-2 vs 6-3 Results May Diverge Pound Response
6h ago
BNP Paribas Expects Fed to Hold July Rates, Sees December Hike as Base Case
12h ago
Fed Likely to Hold Rates Steady This Week at 69.5% Probability, CME FedWatch Shows
07-28 06:37
Bank of England Expected to Hold Rates Throughout 2026, Begin Two Cuts from Spring 2027
In-Depth Analysis

BOK Governor Signals Continued Rate Hikes After July Increase to 2.75%

Lucas Bennett6h ago

Economist issues a rare call for the Fed to “hike rates” tonight; CME FedWatch lifts the rate-hike probability to 38%

Market Whisper7h ago

UK Inflation Expectations Drop to 3.4% Ahead of Bank of England Decision

Lucas Bennett14h ago
Comment
0/400
DuKDuEvip
· 49m ago
2026 GOGOGO 👊
Reply0
DuKDuEvip
· 49m ago
1000x VIbes 🤑
Reply0