Central Bank Rate Change Probabilities 2026 | Interest Rate Odds for Fed, ECB, BoE & More New<br>Bank of Japan rate change probabilities are now calculated live — see what markets imply for the next BoJ meeting.<br>View Bank of Japan →<br>New<br>New financial tools live:<br>Sovereign Yield Curves · Recession Probability · National Mortgage Rate Tracker · Hawkometer<br>Explore Tools →<br>Federal Reserve<br>Next Meeting Date:<br>July 28, 2026<br>DAYS<br>HRS<br>MINS
Current Rate: 3.62%<br>Theoretical: 4.74%<br>Policy Stance: Accommodative<br>View Model FRB/US →<br>Rate Probabilities<br>CME FedWatch ToolView official FOMC rate probabilities based on Fed Funds futures<br>View on CME Group<br>*For interpretation and methodology of probabilities, click here.
European Central Bank<br>Next Meeting Date:<br>July 23, 2026<br>DAYS<br>HRS<br>MINS
Current Rate: 2.25%<br>Theoretical: 4.69%<br>Policy Stance: Accommodative<br>View Model NAWM/NMCM →<br>Rate Change Probabilities*<br>↗<br>Rate Hike<br>75.0%<br>→<br>No Change<br>25.0%<br>↘<br>Rate Cut<br>0.0%
*For interpretation and methodology of probabilities, click here.
Bank of England<br>Next Meeting Date:<br>July 30, 2026<br>DAYS<br>HRS<br>MINS
Current Rate: 3.75%<br>Theoretical: 6.49%<br>Policy Stance: Accommodative<br>View Model COMPASS →<br>Rate Change Probabilities*<br>↗<br>Rate Hike<br>27.8%<br>→<br>No Change<br>72.2%<br>↘<br>Rate Cut<br>0.0%
*For interpretation and methodology of probabilities, click here.
Reserve Bank of Australia<br>Next Meeting Date:<br>July 7, 2026<br>DAYS<br>HRS<br>MINS
Current Rate: 4.31%<br>Theoretical: 5.62%<br>Policy Stance: Accommodative<br>View Model MARTIN →<br>Rate Change Probabilities*<br>↗<br>Rate Hike<br>36.0%<br>→<br>No Change<br>64.0%<br>↘<br>Rate Cut<br>0.0%
*For interpretation and methodology of probabilities, click here.
Bank of Japan<br>Next Meeting Date:<br>July 30, 2026<br>DAYS<br>HRS<br>MINS
Current Rate: 0.30%<br>Theoretical: 0.83%<br>Policy Stance: Neutral<br>Rate Change Probabilities*<br>↗<br>Rate Hike<br>36.0%<br>→<br>No Change<br>64.0%<br>↘<br>Rate Cut<br>0.0%
*For interpretation and methodology of probabilities, click here.
Reserve Bank of India<br>Next Meeting Date:<br>August 5, 2026<br>DAYS<br>HRS<br>MINS
Current Rate: 5.25%<br>Theoretical: 7.08%<br>Policy Stance: Accommodative
Bank of Canada<br>Next Meeting Date:<br>July 15, 2026<br>DAYS<br>HRS<br>MINS
Current Rate: 5.25%<br>Theoretical: 3.83%<br>Policy Stance: Restrictive
🌍Global Outlook<br>Comparative Analysis<br>Cross-jurisdictional<br>--DAYS<br>--HRS<br>--MINS
Average Rate: 3.56%<br>Policy Divergence: Moderate<br>Synchronization: 35%
Financial Tools & Trackers<br>New<br>Open Tools Hub →<br>New<br>Sovereign Yield Curves<br>9 countries · full term structure<br>US 2s10s: +0.31pp<br>View curves →<br>New<br>Recession Probability<br>NY Fed probit model<br>US 12m: 18.5%<br>Open dashboard →<br>New<br>Mortgage Rate Tracker<br>7 countries · transmission<br>US 30-Year Fixed: 6.55%<br>View tracker →<br>New<br>Hawkometer<br>Speech sentiment · 9 banks<br>Fed lean: neutral (+0.9)<br>Open hawkometer →
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Global Outlook<br>European Central Bank — Expected Rate Path<br>Market-implied policy rate trajectory based on futures-derived meeting probabilities
Chart data not yet available<br>"}'><br>Rate Path Analysis<br>Next Meeting European Central Bank<br>July 23, 2026<br>Shows the most likely policy rate at each future meeting date. Compares current expectations with those from 1 week and 4 weeks ago.<br>Detailed Analysis →
Bank of England — Expected Rate Path<br>Market-implied Bank Rate trajectory based on SONIA futures-derived meeting probabilities
Chart data not yet available<br>"}'><br>Rate Path Analysis<br>Next Meeting Bank of England<br>July 30, 2026<br>Shows the most likely policy rate at each future meeting date. Compares current expectations with those from 1 week and 4 weeks ago.<br>Detailed Analysis →
Reserve Bank of Australia — Expected Rate Path<br>Market-implied Cash Rate trajectory based on ASX futures-derived meeting probabilities
Chart data not yet available<br>"}'><br>Rate Path Analysis<br>Next Meeting Reserve Bank of Australia<br>July 7, 2026<br>Shows the most likely policy rate at each future meeting date. Compares current expectations with those from 1 week and 4 weeks ago.<br>Detailed Analysis →
Bank of Japan — Expected Rate Path<br>Market-implied policy rate trajectory based on TONA futures-derived meeting probabilities
Chart data not yet available<br>"}'><br>Rate Path Analysis<br>Next Meeting Bank of Japan<br>July 30, 2026<br>Shows the most likely policy rate at each future meeting date. Compares current expectations with those from 1 week and 4 weeks ago.<br>Detailed Analysis →
Global Rate Outlook<br>Expected rate change paths (in basis points from current rate) for ECB, BoE, and RBA
Chart data not yet available<br>"}'><br>Policy Divergence Tracker<br>Current Policy Stance<br>European Central Bank: Accommodative<br>Bank of England: Accommodative<br>Reserve Bank of Australia: Accommodative<br>Global Analysis →
Latest Central Bank News<br>Real-time news monitoring across Federal Reserve, ECB, and Bank of England
Federal Reserve<br>20 articles<br>Powell, Statement from Federal Reserve Chair Jerome H. Powell<br>Federal...