Weekly update on interest rates expectations

Rate 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.