There is a strong political desire to celebrate all things that reflect a return to pre-pandemic norms, and signal the economy no longer requires emergency support.
Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial services industry and concentrations in central banking, investment research, and portfolio management, Blu serves as CME Group’s spokesperson on global economic conditions.
View more reports from Blu Putnam, Managing Director and Chief Economist of CME Group.
Fed Fund futures are a reflection of investors' insight about the course of the Federal Reserve’s monetary policy, and are widely used to hedge short-term interest rate risk.