Global rate hikes are coming! - Part 3

https://finance.yahoo.com/news/turkeys-central-bank-hikes-main-110600295.html

Turkey is the 2nd country to hike its rate by a big margin (200bp) after Brazil.

http://sg-stock.blogspot.com/2021/03/global-rate-hikes-are-coming-part-2.html

Russia is also expected to raise its rate this year.

The world is starting to move in the opposite direction of the US and this will definitely reduce the efficacy of the US policy.