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What have markets priced in for the key central bank decisions this week?

RBA: 90% probability of no change, 10% probability of 25 bps rate hike (OIS)Fed: 92% probability of 25 bps rate hike, 8% probability of no change (Fed funds futures)ECB: 81% probability of 25 bps rate hike, 19% probability of 50 bps rate hike (€STR)Among the three, it is only the ECB pricing that might shift around a little ahead of the Thursday decision. That will be dependent on what we see from the Eurozone CPI data tomorrow, as pointed out earlier here.The RBA meanwhile will be a rather stra... Read More

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Posted: May 1 2023, 10:07

Author Name: forexlive

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