Heading into this week's rate decisions, swaps are pricing a 36% chance of a rate cut from the...

|By:, SA News Editor

Heading into this week's rate decisions, swaps are pricing a 36% chance of a rate cut from the ECB (Thursday), a 15% chance for the RBA (Tuesday), and a 8% chance for the BoE (Thursday), notes John Kicklighter. The ECB chance seems low given the rush last week of forecasters expecting a cut. The BoE may not move on rates, but additional QE is very much on the table.