October 25, 2024 at 08:27AM
Rate cuts by year-end
Fed: 43 bps (95% probability of rate cut at the upcoming meeting)
2025: 134 bps
ECB: 30 bps (82% probability of 25 bps rate cut at the upcoming meeting)
2025: 143 bps
BoE: 41 bps (89% probability of rate cut at the upcoming meeting)
2025: 127 bps
BoC: 29 bps (85% probability of 25 bps rate cut at the upcoming meeting)
2025: 110 bps
RBA: 8 bps (91% probability of no change at the upcoming meeting)
2025: 57 bps
RBNZ: 53 bps (90% probability of 50 bps rate cut at the upcoming meeting)
2025: 158 bps
SNB: 31 bps (75% probability of 25 bps rate cut at the upcoming meeting)
2025: 68 bps
Rate hikes by year-end
BoJ: 6 bps (85% probability of no change at the upcoming meeting)
2025: 33 bps
*where you see 25 bps rate cut, the rest of the probability is for a 50 bps cut
This article was written by Giuseppe Dellamotta at www.forexlive.com.