U.S. Dollar and Percentage of Developed Countries with Policy Rates below U.S. The chart suggests that the percentage of developed countries with policy rates below U.S., is a support for the U.S. dollar. Image: BofA Merrill Lynch
Central Banks Hiking/Cutting Policy Rate A race to the bottom in global interest rates? Central Banks policy rates have started to decline again. Image: BofA Merrill Lynch Global Research
Developed Country Policy Rates Above the United States Look for the mistake: the number of countries with a policy rate above the U.S. is zero. Image: Bianco Research
G4 Central Banks Monetary Policy Rate If the trend in G4 central banks monetary policy rates continues, this chart suggests that we could see -4% in 2030. Image: Nordea and Macrobond
GDP Weighted Global Central Bank Policy Rate vs. Global PMI This chart suggests that global policy rates are too tight compared to global PMI in contraction mode. Image: Pervalle Global
Fed Monetary Policy Rate Change over 6 Months Prices in (Futures) vs. Actual Actually, the Fed decides when to raise rates, but the market decides when to cut rates. This chart shows that rate expectations are highly predictive six months in advance. You may also like “Markets Have Accurately Priced in Cuts before Easing Cycles…
U.S.: Market Odds of A Fourth Rate Cut The Fed may be inclined to press the pause button in the “mid-cycle” policy easing. Image: Oxford Economics
Global Monetary Policy Map This chart shows that in 2019, central banks cut rates by most in a decade. Image: Topdown Charts
U.S. Monetary Policy and Recession This chart shows the U.S. monetary policy and two recession forecasting models over time (Fed policy rate, Atlanta Fed shadow Fed funds rate, nominal R-Star, Fed funds curve). Image: Fidelity Investments
Wage Growth, Monetary Policy and S&P 500 When the spread between wage growth and the Fed funds rate is wide, it is generally positive for equities. Image: Topdown Charts
