Rate cuts by year-end
Fed: 96 bps (61% probability of no change at the upcoming meeting) ECB: 77 bps (93% probability of rate cut at the upcoming meeting) BoE: 75 bps (94% probability of rate cut at the upcoming meeting) BoC: 76 bps (66% probability of rate cut at the upcoming meeting) RBA: 110 bps (94% probability of rate cut at the upcoming meeting)RBNZ: 100 bps (76% probability of rate cut at the upcoming meeting) SNB: 21 bps (53% probability of rate cut at the upcoming meeting)Rate hikes by year-end
Things changed a bit from yesterday's update as the markets pared back some of the aggressive rate cuts bets amid some positive tariffs headlines and a stabilisation in the stock market selloff. This is something we've also seen in the bond market with the 10 year Treasury yields back to last Wednesday's levels.
In fact, the rate cuts bets have been a function of the stock market selloff as that impacts negatively the wealth effect and depresses the consumer and business sentiment. We are not out of the woods yet but as long as the stock market continues to rebound, the rate cuts bets will likely keep on being trimmed.
The next few days will be key.
This article was written by Giuseppe Dellamotta at www.forexlive.com.Hence then, the article about as markets stabilise so do the rate cuts expectations was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( As markets stabilise, so do the rate cuts expectations )
Also on site :
- My Wife Doesn’t Know I Watched Her Cheat On Me. My Reaction Might Shock Us Both.
- The Good Ship Murder Christmas special cast: Meet the characters
- Eight fire crews tackling blaze at West Midlands Wetherspoon pub