• Fed: 99 bps (69% probability of 25 bps rate cut at the upcoming meeting)
• ECB: 58 bps (98% probability of 25 bps rate cut at the upcoming meeting)
• BoE: 39 bps (78% probability of no change at the upcoming meeting)
• BoC: 75 bps (79% probability of 25 bps rate cut at the upcoming meeting)
• RBA: 19 bps (94% probability of no change at the upcoming meeting)
• RBNZ: 72 bps (79% probability of 25 bps rate cut at the upcoming meeting)
• SNB: 51 bps (70% probability of 25 bps rate cut at the upcoming meeting)

Rate hikes by year-end

• BoJ: 7 bps (97% probability of no change at the upcoming meeting)

*Where you see 25 bps probability, the rest of the probability is for a 50 bps cut.

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