Weekly update on interest rate expectations

January 23, 2025 at 08:54AM
Rate cuts by year-end

Fed: 40 bps (99% probability of no change at the upcoming meeting)

ECB: 96 bps (95% probability of rate cut at the upcoming meeting)

BoE: 67 bps (82% probability of rate cut at the upcoming meeting)

BoC: 55 bps (80% probability of rate cut at the upcoming meeting)

RBA: 71 bps (58% probability of rate cut at the upcoming meeting)

RBNZ: 100 bps (66% probability of 25 bps rate cut at the upcoming meeting)

SNB: 37 bps (84% probability of rate cut at the upcoming meeting)

Rate hikes by year-end

BoJ: 50 bps (95% probability of rate hike at the upcoming meeting)

This article was written by Giuseppe Dellamotta at www.forexlive.com.

Weekly update on interest rate expectations