Rate cuts before the end of the year
- Fed: 40 bps (93% probability no change at next meeting)
- ECB: 97 bps (95% probability of a rate cut at the upcoming meeting)
- BoE: 47 bps (57% probability of a rate cut at the upcoming meeting)
- BoC: 63 bps (68% probability of a rate cut at the upcoming meeting)
- RBA: 76 bps (57% probability of a rate cut at the upcoming meeting)
- RBNZ: 124 bps (76% probability of a 50 bps rate cut at the upcoming meeting)
- SNB: 42 bps (96% probability of a rate cut at the upcoming meeting)
Rate increases by the end of the year
- BoJ: 48 bps (56% probability unchanged at next meeting)
This article was written by Giuseppe Dellamotta at www.forexlive.com.
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