The expected rate path

Each point is the probability-weighted deposit rate after a meeting.

Earlier expectationsActual pathCurrently expected rate path2.20%2.30%2.40%2.50%2.60%2.70%2.80%2.90%3.00%JunAugOctDecFebApr2.49%2.49%2.53%2.53%2.65%2.65%2.69%2.69%2.75%2.75%

Expected deposit rate per meeting

MeetingNow (14 Aug 26)1 week ago (7 Aug 26)1 month ago (14 Jul 26)3 months ago (14 May 26)
10 September 20262.48%2.47%2.49%2.77%
29 October 20262.53%2.50%2.56%2.86%
17 December 20262.65%2.60%2.65%
4 February 20272.69%2.64%2.68%
18 March 20272.75%2.70%