Monday , 25 November 2024
Home Forex Interest rate expectations for upcoming policy decisions
Forex

Interest rate expectations for upcoming policy decisions

Implied rate expectations for the upcoming policy decisions for major central banks:

ECB: -25 basis points of easing implied for October 17th meeting (100% probability implied for a cut)

BoC: -32 basis points of easing implied for October 23rd meeting (100% probability implied for a cut)

BoJ: 1 basis point of tightening implied for the October 31st meeting (87% probability implied for a hold)

RBA: -2 basis points of easing implied for the November 5th meeting (91% probability implied for a hold)

BoE: -21 basis points of easing implied for the November 7th meeting (84% probability implied for a cut)

Fed: -22 basis points of easing implied for the November 7th meeting (88% probability implied for a cut)

RBNZ: -45 basis points of easing implied for the November 27th meeting (100% probability implied for a cut – almost fully priced for another 50bp move)

SNB: -30 basis points of easing implied for the December 12th meeting (100% probability implied for a cut)

This article was written by Arno V Venter at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

ECB’s Lane: Monetary policy should not remain restrictive for too long

Barring new geopolitical or political risks, a large part of the final...

Reminder: It will be a holiday-shortened week in the US

And typically, that means broader markets will likely observe a more quiet...

Dollar down as Trump picks Scott Bessent for role of Treasury secretary

The initial reaction seems to be that billionaire Scott Bessent is a...

FX option expiries for 25 November 10am New York cut

There are just a couple to take note of, as highlighted in...