It's happening… pic.twitter.com/JjDPuCkREw
— Callum Thomas (@Callum_Thomas) February 11, 2021
!!!!! pic.twitter.com/CFbX75UFDR
— Callum Thomas (@Callum_Thomas) February 19, 2021
Another rate hike.
Started this thread as a sort of half-joke, but then did some work on smaller cbanks: yes they have their idiosyncratic issues, and if it was only 1 then that's one thing, an entirely different thing when it becomes a trend like it clearly is now. $MACRO pic.twitter.com/HwqAP08gZo
— Callum Thomas (@Callum_Thomas) March 7, 2021
Powell: "we not hiking rates until 2024"
Brazil Central Bank: hold my cerveja … pic.twitter.com/GLWSmFgo1Y
— Callum Thomas (@Callum_Thomas) March 17, 2021
And now Russia pic.twitter.com/oQJHINeiL6
— Callum Thomas (@Callum_Thomas) March 21, 2021
Another day another rate hike…
Georgia +100bps to 9.50%
Kyrgyzstan +100bps to 6.50%#Inflation #RateHikes $FED $MACRO pic.twitter.com/g6FETjVqEQ— Callum Thomas (@Callum_Thomas) April 29, 2021
More interest rate hikes!
Tajikistan +100bps to 12.00%
Armenia +50bps to 6.00%
Brazil +75bps to 3.50%#RateHikes $FED $MACRO pic.twitter.com/2V9Sbc9HAN— Callum Thomas (@Callum_Thomas) May 5, 2021
Russia again: +50bps to 5.50%
Also Chile talking possible rate hikes, and has already finished QE (about to move to passive QT).
The global monetary policy tides are turning.#monetarypolicy $MACRO pic.twitter.com/ZIzjctoC2s
— Callum Thomas (@Callum_Thomas) June 13, 2021
National Bank of Hungary is hungry for rate hikes
+30bps to 0.90%#policypivot #ratehikes $MACRO $FED pic.twitter.com/svoYwmTMzf— Callum Thomas (@Callum_Thomas) June 23, 2021
add Angola: +450bps to 20.0%
My count: 27 rate hikes across 17 central banks pic.twitter.com/9cDzllq86U
— Callum Thomas (@Callum_Thomas) July 6, 2021
More interest rate hikes last week:
-Ukraine +50bps to 8.0%
-Russia +100bps to 6.5%#inflation #interestrates #monetarypolicy— Callum Thomas (@Callum_Thomas) July 25, 2021
And another one:
-Moldova +100bps to 3.65%YTD Count (updated):
37 rate hikes
22 central banks— Callum Thomas (@Callum_Thomas) August 1, 2021
Also:
-Armenia +50bps to 7.0%
-Georgia +50bps to 10.0%YTD Count (updated):
40 rate hikes
22 central banks— Callum Thomas (@Callum_Thomas) August 4, 2021
Another day another rate hike:
-Mexico +25bps to 4.5%— Callum Thomas (@Callum_Thomas) August 13, 2021
This week we add a newcomer
-Sri Lanka +50bps to 5.0%YTD Count (updated):
45 rate hikes
25 central banksAlso of note this week, Norway + Jamaica flagged rate hikes for Sep, NZ delayed OCR hike due to lockdown (but has signaled is keen to get hiking soon) pic.twitter.com/pd2uyYbODq
— Callum Thomas (@Callum_Thomas) August 20, 2021