CME FedWatch Tool
Market-implied probabilities of upcoming Fed rate decisions.
What it is
Market-implied probabilities of upcoming Fed rate decisions.
Best for
Investors, Journalists, Policy Professionals
Data coverage & key features
Market-implied probabilities for future Federal Reserve target-rate outcomes derived from CME Fed Fund futures.
- Meeting-by-meeting probabilities
- Rate-path view
- Futures-based methodology
Pricing
Free. Current starting price is not listed in this directory record.
Pricing may change. Confirm terms and pricing directly with the provider.
Who should use it
People whose work matches: Investors, Journalists, Policy Professionals. Compare the data coverage and provider terms to your specific use case.
Who should avoid it
Avoid relying on this tool alone if its published coverage, geography, methodology, pricing, or access model does not fit your needs. Verify the provider’s current documentation before subscribing or making decisions.
Pros
- Clear view of futures-implied expectations
- Useful complement to official FOMC communication
Cons & considerations
- Reflects market pricing, not an official forecast
- Probabilities can change quickly
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