Rate cuts by year-end
Fed: 75 bps (53% probability of 50 bps rate cut at the upcoming meeting)
2025: 193 bps
ECB: 50 bps (96% probability of rate cut at the upcoming meeting)
2025: 175 bps
BoE: 38 bps (88% probability of rate cut at the upcoming meeting)
2025: 155 bps
BoC: 75 bps (51% probability of 50 bps rate cut at the upcoming meeting)
2025: 207 bps
RBA: 19 bps (79% probability of no change at the upcoming meeting)
2025: 100 bps
RBNZ: 92 bps (66% probability of 50 bps rate cut at the upcoming meeting)
2025: 239 bps
SNB: 25 bps (97% probability of rate cut at the upcoming meeting)
2025: 65 bps
Rate hikes by year-end
BoJ: 7 bps (84% probability of no change at the upcoming meeting)
2025: 29 bps
This article was written by Giuseppe Dellamotta at www.forexlive.com.