Weekly update on interest rate expectations

Rate cuts by year-end

• Fed: 31 bps (98% probability of no change at the upcoming meeting)
• ECB: 75 bps (94% probability of rate cut at the upcoming meeting)
• BoE: 54 bps (78% probability of no change at the upcoming meeting)
• BoC: 49 bps (55% probability of no change at the upcoming meeting)
• RBA: 76 bps (79% probability of rate cut at the upcoming meeting)
• RBNZ: 105 bps (51% probability of 50 bps rate cut at the upcoming meeting)
• SNB: 35 bps (87% probability of rate cut at the upcoming meeting)

Rate hikes by year-end

• BoJ: 31 bps (95% probability of no change at the upcoming meeting)

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