Weekly update on interest rates expectations

August 12, 2024 at 08:35AM
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.

Weekly update on interest rates expectations