Weekly update on interest rate expectations
Rate cuts by year-end
- Fed: 39 bps (99% probability of no change at the upcoming meeting)
- ECB: 97 bps (91% probability of rate cut at the upcoming meeting)
- BoE: 64 bps (82% probability of rate cut at the upcoming meeting)
- BoC: 58 bps (76% probability of rate cut at the upcoming meeting)
- RBA: 70 bps (65% probability of rate cut at the upcoming meeting)
- RBNZ: 102 bps (61% probability of 50 bps rate cut at the upcoming meeting)
- SNB: 42 bps (98% probability of rate cut at the upcoming meeting)
Rate hikes by year-end
- BoJ: 50 bps (82% probability of rate hike at the upcoming meeting)
This article was written by Giuseppe Dellamotta at www.forexlive.com.
