Tracking G10 central bank moves in key policy rates since last year. With Norges Bank and RBNZ being the first to move, they track 175bps and 275bps, respectively
The Fed is tracking 225bps of tightening since the campaign started, the OIS market is still pricing more than 100bps of increase by year-end
The ECB now tops our implied rates ranking as is one of the last central banks to start moving policy, both ECB and SNB bottom the chart at 50bps
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