Rate reduction until the end of the year

• Fed: 40 bps (93% chance of no change at upcoming meeting)
• ECB: 97 bps (95% probability of a rate cut at the upcoming meeting)
• BoE: 47 bps (57% chance of a rate cut at the upcoming meeting)
• BoC: 63 bps (68% chance of rate cut at upcoming meeting)
• RBA: 76 bps (57% chance of a rate cut at the upcoming meeting)
• RBNZ: 124 bps (76% chance of a 50 bps rate cut at the upcoming meeting)
• SNB: 42 bps (96% probability of a rate cut at the upcoming meeting)

Rate increases until the end of the year

• BoJ: 48 bps (56% chance of no change at upcoming meeting)

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



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