I assume that our readers, who seem to have higher-level absorption and retention capacity [at least when it comes to my errors, ahem] than the average market participant saw the Turkish central bank raised one-week repo rates by 200 basis points.
They are not the only CB doing so. Via the head of research at Topdown Charts:
It's happening... pic.twitter.com/JjDPuCkREw
— Callum Thomas (@Callum_Thomas) February 11, 2021
He has a surprisingly (to me) extensive thread of CB actions so far this year. A bit of an eye-opener.
HT: Upfina
