Rate cuts by year-end
Fed: 111 bps (57% probability of 25 bps rate cut at the upcoming meeting)
ECB: 63 bps (98% probability of 25 bps rate cut at the upcoming meeting)
BoE: 43 bps (77% probability of no change at the upcoming meeting)
BoC: 58 bps (98% probability of rate cut at the upcoming meeting)
RBA: 24 bps (90% probability of no change at the upcoming meeting)RBNZ: 82 bps (60% probability of 25 bps rate cut at the upcoming meeting)
SNB: 53 bps (61% probability of 25 bps rate cut at the upcoming meeting)
Rate hikes by year-end
BoJ: 7 bps (98% 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.
