Weekly update on interest rates expectationsRate cuts by year-end
- Fed: 99 bps (53% probability of 25 bps rate cut at the upcoming meeting)
- ECB: 66 bps (90% probability of rate cut at the upcoming meeting)
- BoE: 43 bps (61% probability of no change at the upcoming meeting)
- BoC: 72 bps (92% probability of rate cut at the upcoming meeting)
- RBA: 24 bps (85% probability of no change at the upcoming meeting)
- RBNZ: 88 bps (75% probability of rate cut at the upcoming meeting)
- SNB: 46 bps (93% probability of rate cut at the upcoming meeting)
Rate hikes by year-end
- BoJ: 9 bps (95% probability of no change at the upcoming meeting)
This article was written by Giuseppe Dellamotta at www.forexlive.com.
Source: Weekly update on interest rates expectations (https://www.forexlive.com/news/weekly-update-on-interest-rates-expectations-20240812/)
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