November 28, 2024 at 09:26AM
Rate cuts by year-end
Fed: 16 bps (65% probability of rate cut at the upcoming meeting)
2025: 75 bps
ECB: 29 bps (85% probability of 25 bps rate cut at the upcoming meeting)
2025: 147 bps
BoE: 4 bps (85% probability of no change at the upcoming meeting)
2025: 71 bps
BoC: 30 bps (82% probability of 25 bps rate cut at the upcoming meeting)
2025: 92 bps
RBA: 2 bps (91% probability of no change at the upcoming meeting)
2025: 54 bps
RBNZ: 33 bps (67% probability of 25 bps rate cut at the upcoming meeting)
2025: 87 bps
SNB: 32 bps (72% probability of 25 bps rate cut at the upcoming meeting)
2025: 70 bps
Rate hikes by year-end
BoJ: 13 bps (53% probability of rate hike at the upcoming meeting)
2025: 48 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.