💸 Global Rate Hike Cycle
15 of 33 major central banks (45%) raised interest rates over the past six months, the largest share since 2023. The figure is nearing ~55%, recorded in 2018 and 2011.
By comparison, the share peaked at ~95% in 2022 after post-pandemic stimulus and a resulting surge in global inflation.
54 central banks have hiked rates so far this year. For the first time since September 2023, more central banks have hiked than cut rates over a rolling three-month period.
“Higher for longer” is back.
$TRUTH
$Q
$AKE
15 of 33 major central banks (45%) raised interest rates over the past six months, the largest share since 2023. The figure is nearing ~55%, recorded in 2018 and 2011.
By comparison, the share peaked at ~95% in 2022 after post-pandemic stimulus and a resulting surge in global inflation.
54 central banks have hiked rates so far this year. For the first time since September 2023, more central banks have hiked than cut rates over a rolling three-month period.
“Higher for longer” is back.
$TRUTH
$Q
$AKE