How have interest rate expectations changed after this week's events?
Rate hikes by year-end RBNZ: 33 bps (52% probability of rate hike at the next meeting) 2027: 106 bps BoE: 31 bps (82% probability of rate hike at the next meeting) 2027: 92 bps BoC: 26 bps (65% probability of no change at the next meeting) 2027: 110 bps Fed: 25 bps (76% probabili
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