Expectations for Central Bank Rate Cuts

Here is an update on central bank rate cut expectations:

Eurozone -- 25bp rate cut expected on Thursday

U.K. -- No rate cuts for the rest of the year, but watch out for comments on Quantitative Easing

Australia -- Rates left unchanged last night. 2.50% expected to be the floor

New Zealand
-- One more rate cut in June or July

U.S., Japan and Canada -- No rate cuts for the rest of the year

Kathy Lien

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