Rate cuts by year-end
Fed: 72 bps (62% probability of 25 bps rate cut at the upcoming meeting)
2025: 196 bps
ECB: 38 bps (65% probability of no change at the upcoming meeting)
2025: 152 bps
BoE: 50 bps (79% probability of no change at today’s meeting)
2025: 161 bps
BoC: 75 bps (58% probability of 50 bps rate cut at the upcoming meeting)
2025: 226 bps
RBA: 17 bps (95% probability of no change at the upcoming meeting)
2025: 101 bps
RBNZ: 84 bps (70% probability of 25 bps rate cut at the upcoming meeting)
2025: 242 bps
SNB: 53 bps (58% probability of 25 bps rate cut at the upcoming meeting)
2025: 70 bps
Rate hikes by year-end
BoJ: 8 bps (98% probability of no change at the upcoming meeting)
2025: 26 bps
(*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.
