Rate cuts by year-end
Fed: 99 bps (69% probability of 25 bps rate cut at the upcoming meeting)
ECB: 58 bps (98% probability of 25 bps rate cut at the upcoming meeting)
BoE: 39 bps (78% probability of no change at the upcoming meeting)
BoC: 75 bps (79% probability of 25 bps rate cut at the upcoming meeting)
RBA: 19 bps (94% probability of no change at the upcoming meeting)RBNZ: 72 bps (79% probability of 25 bps rate cut at the upcoming meeting)
SNB: 51 bps (70% probability of 25 bps rate cut at the upcoming meeting)
Rate hikes by year-end
BoJ: 7 bps (97% probability of no change at the upcoming meeting)
*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.
