Rate cuts by year-end
- Fed: 111 bps (57% probability of 25 bps rate cut at the upcoming meeting)
- ECB: 63 bps (98% probability of 25 bps rate cut at the upcoming meeting)
- BoE: 43 bps (77% probability of no change at the upcoming meeting)
- BoC: 58 bps (98% probability of rate cut at the upcoming meeting)
- RBA: 24 bps (90% probability of no change at the upcoming meeting)
- RBNZ: 82 bps (60% probability of 25 bps rate cut at the upcoming meeting)
- SNB: 53 bps (61% probability of 25 bps rate cut at the upcoming meeting)
Rate hikes by year-end
- BoJ: 7 bps (98% probability of no change at the upcoming meeting)
*Where you see 25 bps probability, the rest of the probability is for a 50 bps cut.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
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