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
U.S. 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
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
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
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards

State Street Warns ECB Rate Hikes May Prove Ineffective in Fighting Inflation

GateNews
Forex
According to State Street Global Advisors, the bank's chief economist Simona Mocuta warned that European Central Bank rate hikes are likely to prove ineffective in controlling inflation. In a recent report, Mocuta stated that monetary tightening may weaken economic growth rather than ease price pressures, as rate hikes are unlikely to effectively counter inflation driven by supply shocks. She added that with wage inflation well controlled and consumer confidence and spending weak, there is limited room for a second wave of inflation. The institution expects the ECB may raise rates again in the fall of 2026.
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

06-11 10:17
ECB Expected to Raise Rates Thursday as Policymakers Address 10% Inflation Lesson
06-11 07:54
ECB Expected to Raise Inflation Forecasts, Signal Further Rate Hikes; 25bp July Increase Possible
06-11 07:39
ECB to Raise Rates to 2.25%, Market Prices 65% Probability of Second Hike in September
06-11 07:00
ECB Raises Rates 25bp Tonight, Likely Only Hike in Current Cycle: Jefferies
06-11 05:27
ECB to Raise Deposit Rate by 25 Basis Points to 2.25%, DBS Projects on June 11
In-Depth Analysis

How big is the impact of CPI on the BTC market? With inflation data at 4.2%, how will rate-hike expectations hit the crypto market?

Gate Instant Trends06-11 11:29

Federal Reserve Faces Inflation Pressure as U.S.-Iran Conflict Disrupts Markets

Lucas Bennett06-10 19:42

Bitcoin and Ethereum Await U.S. CPI Report as Markets Assess Fed Policy

Lucas Bennett06-10 11:32
Comment
0/400
No comments