What are the interest rates expectations for the major central banks? ...Middle East

Rate cuts by year-end

Fed: 66 bps (79% probability of no change at the upcoming meeting) ECB: 25 bps (87% probability of no change at the upcoming meeting) BoE: 53 bps (73% probability of rate cut at the upcoming meeting) BoC: 33 bps (62% probability of no change at the upcoming meeting) RBA: 80 bps (91% probability of rate cut at the upcoming meeting)RBNZ: 32 bps (78% probability of no change at the upcoming meeting) SNB: 12 bps (78% probability of no change at the upcoming meeting)

BoJ: 15 bps (97% probability of no change at the upcoming meeting)

The most notable change is of course on the Fed. The catalyst was dovish comments from Fed's Bowman last Monday where she even suggested a rate cut in July if inflation were to be muted. She's been a hawk until then, so the market took those comments as a signal.

We have the US ISM PMIs, the US NFP and the US CPI before the July FOMC meeting and those reports will influence interest rates expectations.

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

Read More Details
Finally We wish PressBee provided you with enough information of ( What are the interest rates expectations for the major central banks? )

Also on site :

• SunCar's Partnership with Xiaomi Enters a New Phase to Support its YU7 Launch, Promoting Fully Intelligent Auto Insurance
• Luann de Lesseps Reveals Why 'RHONY' Reboot Never Clicked for Fans, Shares If She'd Return (Exclusive)
• The Clever Coffee Hack Brain Experts Swear By for Better Focus and Energy