Weekly update on interest rate expectations

Rate cuts by year-end

  • Fed: 70 bps (97% probability of no change at the upcoming meeting)
  • ECB: 43 bps (57% probability of no change at the upcoming meeting)
  • BoE: 51 bps (93% probability of no change at the upcoming meeting)
  • BoC: 53 bps (97% probability of rate cut at the upcoming meeting)
  • RBA: 60 bps (89% probability of no change at the upcoming meeting)
  • RBNZ: 65 bps (80% probability of rate cut at the upcoming meeting)
  • SNB: 24 bps (75% probability of rate cut at the upcoming meeting)

Rate hikes by year-end

  • BoJ: 34 bps (92% probability of no change at the upcoming meeting)

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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Weekly update on interest rate expectations

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