Weekly update on interest rate expectations

Rate cuts by year-end

• Fed: 49 bps (99% probability of no change at the upcoming meeting)
• ECB: 92 bps (91% probability of rate cut at the upcoming meeting)
• BoE: 71 bps (85% probability of rate cut at the upcoming meeting)
• BoC: 65 bps (99% probability of rate cut at the upcoming meeting)
• RBA: 77 bps (60% probability of rate cut at the upcoming meeting)
• RBNZ: 100 bps (63% probability of 25 bps rate cut at the upcoming meeting)
• SNB: 35 bps (81% probability of rate cut at the upcoming meeting)

Rate hikes by year-end

• BoJ: 25 bps (99% probability of no change at the upcoming meeting)

This article was written by Giuseppe Dellamotta at www.forexlive.com.