🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
Traders cut bets on the Bank of England lowering interest rates, leaning towards only one more rate cut this year.
Jin10 data reported on May 21, analysts from the financial website Forexlive: After the release of the UK CPI, the current market pricing shows a rate cut of 34 basis points for the remaining time in 2025, while the expectation before the UK CPI release was 41 basis points. The market is fully pricing in a rate cut in November, which I still think is a bit high. I expect the Bank of England and other major central banks to face tougher repricing in the coming weeks and months.