Rate cuts before the end of the year
- Fed 2025: 36 bps (92% probability no change at next meeting)
- ECB 2025: 110 bps (93% probability of a rate cut at the upcoming meeting)
- BoE 2025: 47 bps (50% probability of a rate cut at the upcoming meeting)
- BoC 2025: 49 bps (50% probability of a rate cut at the upcoming meeting)
- RBA 2025: 67 bps (60% chance of rate cut at next meeting)
- RBNZ 2025: 118 bps (88% probability of a 50 bps rate cut at the upcoming meeting)
- SNB 2025: 48 bps (84% probability of a 25 bps rate cut at the upcoming meeting)
Rate increases by the end of the year
- BoJ 2025: 43 bps (50% probability unchanged at next meeting)
* where you see a 25 bps rate cut, the rest of the probability is for a 50 bps cut
This article was written by Giuseppe Dellamotta at www.forexlive.com.
Source link
