FOREX CENTRAL BANK WATCH: Interest Rate Expectations Continue to Creep Higher
Central Bank Current Interest Rate Next Policy Decision Expectation Market Conviction* 1-yr Exp** Federal Reserve 0.00% – 0.25% No change on 01/26 High +16ps European Central Bank 1.00% No change on 02/03 High +68ps Bank of England 0.50% No change on 02/10 Medium +61bps Swiss National Bank 0.25% No change on 03/17 High +25bps Reserve Bank of Australia 4.75% No change on 02/01 High +28bps Bank of …

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