Weekly update on interest rates expectations

August 19, 2024 at 08:49AM
Rate cuts by year-end

Fed: 95 bps (71% probability of 25 bps rate cut at the upcoming meeting)

ECB: 66 bps (94% probability of rate cut at the upcoming meeting)

BoE: 42 bps (69% probability of no change at the upcoming meeting)

BoC: 75 bps (96% probability of rate cut at the upcoming meeting)

RBA: 21 bps (86% probability of no change at the upcoming meeting)

RBNZ: 70 bps (91% probability of rate cut at the upcoming meeting)

SNB: 44 bps (74% 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.

Weekly update on interest rates expectations