Macro Analysis /

Ghana hikes key rate by 100bps, Powell renomination sparks bond sell-off

  • Forex: Kenyan Shilling plunges to a fresh low as its losing streak continues

  • Fixed Income: US Treasury yields kick higher as Powell renomination bolsters Fed hike bets

  • Macroeconomic: Bank of Ghana is the latest African central bank to hike rates

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
23 November 2021
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