Friday , 27 September 2024
Home Forex Weekly update on interest rate expectations
Forex

Weekly update on interest rate expectations

Rate cuts by year-end

  • Fed: 74 bps (51% probability of 50 bps rate cut at the upcoming meeting)

2025: 190 bps

  • ECB: 49 bps (92% probability of rate cut at the upcoming meeting)

2025: 171 bps

  • BoE: 37 bps (78% probability of rate cut at the upcoming meeting)

2025: 152 bps

  • BoC: 73 bps (52% probability of 25 bps rate cut at the upcoming meeting)

2025: 204 bps

  • RBA: 18 bps (80% probability of no change at the upcoming meeting)

2025: 103 bps

  • RBNZ: 92 bps (69% probability of 50 bps rate cut at the upcoming meeting)

2025: 245 bps

  • SNB: 27 bps (92% probability of 25 bps rate cut at the upcoming meeting)

2025: 75 bps

Rate hikes by year-end

  • BoJ: 5 bps (82% probability of no change at the upcoming meeting)

2025: 27 bps

(*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.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Goldman Sachs the latest to change their call on the ECB, now expects rate cut in October

They had previously penciled in a 25 bps rate cut for December...

Mexican Peso fluctuates between gains and losses after Banxico decision

The Mexican Peso (MXN) fluctuates between tepid gains and losses in its...

Gold retreats as global factors ease, Fed to be more measured

Gold (XAU/USD) edges lower to trade in the $2.660s per troy ounce...

EUR/USD pares losses as US Dollar retreats ahead of US PCE inflation

EUR/USD recovers the majority of intraday losses and returns above 1.1150 in Friday’s European...