Interest Rate Expectations Weekly Update

Forecasts for Interest Rate Changes by Year-End:
Rate Cuts:
Federal Reserve (Fed, USA): 24 basis points (98% probability of no change at the next meeting)
European Central Bank (ECB): 85 basis points (90% probability of a cut at the next meeting)
Bank of England (BoE): 42 basis points (66% probability of a cut at the next meeting)
Bank of Canada (BoC): 41 basis points (57% probability of a cut at the next meeting)
Reserve Bank of Australia (RBA): 61 basis points (62% probability of a cut at the next meeting)
Reserve Bank of New Zealand (RBNZ): 125 basis points (88% probability of a 50 basis point cut at the next meeting)
Swiss National Bank (SNB): 34 basis points (90% probability of a cut at the next meeting)
Rate Hikes:
Bank of Japan (BoJ): 50 basis points (51% probability of no change at the next meeting)