August 15, 2024 at 08:59AM
Rate cuts by year-end
Fed: 103 bps (62% probability of 25 bps rate cut at the upcoming meeting)
ECB: 71 bps (96% probability of rate cut at the upcoming meeting)
BoE: 48 bps (61% probability of no change at the upcoming meeting)
BoC: 72 bps (98% probability of rate cut at the upcoming meeting)
RBA: 24 bps (85% probability of no change at the upcoming meeting)
RBNZ: 80 bps (60% probability of rate cut at the upcoming meeting)
SNB: 46 bps (86% probability of rate cut at the upcoming meeting)
Rate hikes by year-end
BoJ: 7 bps (99% probability of no change at the upcoming meeting)
This article was written by Giuseppe Dellamotta at www.forexlive.com.