Rate reduction until the end of the year

• Fed: 40 bps (91% chance of no change at upcoming meeting)
• ECB: 97 bps (95% probability of a rate cut at the upcoming meeting)
• BoE: 55 bps (64% chance of a rate cut at the upcoming meeting)
• BoC: 65 bps (68% chance of a rate cut at the upcoming meeting)
• RBA: 72 bps (52% probability of a rate cut at the upcoming meeting)
• RBNZ: 119 bps (69% chance of a 50 bps rate cut at the upcoming meeting)
• SNB: 45 bps (99% probability of a rate cut at the upcoming meeting)

Rate increases until the end of the year

• BoJ: 49 bps (54% chance of no change at upcoming meeting)

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



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