Just two days ago a guy tweeted me, quote, "Monetary policy is too tight right now…no easy money" https://t.co/dxvVmF1gR0
— Rudy Havenstein, currently leading in Iowa. (@RudyHavenstein) February 6, 2020
Rate Cuts over last yr…
Fed: -75 bps
ECB: -10 bps
Denmark: -10 bps
Australia: -75 bps
Brazil: -225 bps
Russia: -150 bps
India: -135 bps
China: -16 bps
Korea: -50 bps
Mexico: -100 bps
Indonesia: -100 bps
Philippines: -75 bps
Thailand: -75 bps
Malaysia: -50 bps
Turkey: -1275 bps— Charlie Bilello (@charliebilello) February 6, 2020
Global Central Bank Update…
-Thailand cut rates by 25 bps to an all-time low of 1.00%.
-Brazil cut rates for the 5th time in the past yr, 25 bps move to an all-time low of 4.25%. pic.twitter.com/J8UMYKfp1T— Charlie Bilello (@charliebilello) February 6, 2020