Interest Rates

/fragments/fedwatch/fedwatch-countdown

FedWatch

Stay up-to-date with the latest probabilities of FOMC rate moves.

/fragments/fedwatch/fedwatch-languages

https://www.cmegroup.com/content/dam/cmegroup/markets/interest-rates/images/cme-fedwatch-tool-1440x421.png

style
full-width
What is the likelihood that the Fed will change the Federal target rate at upcoming FOMC meetings, according to interest rate traders? Use FedWatch to track the probabilities of changes to the Fed rate, as implied by 30-Day Fed Funds futures prices.
MEDIA: Please attribute rate probabilities used in your reporting to β€œCME FedWatch.”
layout
75-25
arrange
2-1
style
gray6-background
url
https://cmegroup-tools.quikstrike.net/User/QuikStrikeTools.aspx?viewitemid=IntegratedFedWatchTool&userId=lwolf&jobRole=&company=&companyType=&userId=&jobRole=&company=&companyType=
title
CME FedWatch Tool
height
1000px

*Disclaimer: The data and output from this tool does not constitute investment advice and is not a personal recommendation from CME Group. Nothing contained herein constitutes the solicitation of the purchase or sale of any futures or options. Any investment activities undertaken using this tool will be at the sole risk of the relevant investor. CME Group expressly disclaims all liability for the use or interpretation (whether by visitor or by others) of information contained herein. Decisions based on this information are the sole responsibility of the relevant investor. Any visitor to this page agrees to hold the CME Group and its affiliates and licensors harmless against any claims for damages arising from any decisions that the visitor makes based on such information.

See how changing FOMC expectations are impacting U.S. Treasury yields and key short-term interest rates.

Product id

10050

305

8462

8463

303

329

316

Style
blue2-background

More in Interest Rates

U.S Treasuries

Access the most liquid markets for trading U.S. Treasury Notes and Bonds.

30-Year UMBS TBA futures

Gain exposure to the TBA market with the efficiency and safety of a standardized futures contract.

Id
SUB-2023-IR-005
High Value
false
Source
https://www.cmegroup.com/forms/one-click-subscription/cme-fedwatch-tool.json
layout
70-30
arrange
1-1
Get our experts' perspectives on current trends.
View all
layout
75-25
arrange
1-1
tags

asset-class/interest-rates

topic/product-information

content-type/article

templates

/apps/cmegroup/templates/articleContentTemplate

/conf/cmegroupaem/settings/wcm/templates/cme-group-case-study-article-template

/conf/cmegroupaem/settings/wcm/templates/cme-group-faqs-article-template

/conf/cmegroupaem/settings/wcm/templates/cme-group-media-mentions-article-template

/conf/cmegroupaem/settings/wcm/templates/cme-group-newsletter-article-template

/conf/cmegroupaem/settings/wcm/templates/cme-group-podcast-article-template

/conf/cmegroupaem/settings/wcm/templates/cme-group-showcase-article-template

/conf/cmegroupaem/settings/wcm/templates/cme-group-standard-article-template

/conf/cmegroupaem/settings/wcm/templates/cme-group-video-article-template

Yield Insights from a market expert

Get pro perspectives from Jim Iuorio, Managing Director, TJM Institutional Services, on trading current market events with Micro Treasury Yield futures.
layout
75-25
arrange
1-0
accountID
49919183001
experienceId
61154d15e9960d0023db1224
videoID
defaultPlaylistPoster
https://www.cmegroup.com/images/common/default/default-playlist-940x600.jpg

Courses

style
gray6-background
accountID
49919183001
videoID
5403329907001
playlistId
playlistLocation
H
aspectRatio
16:9
cc
language
defaultPlaylistPoster
https://cf-images.us-east-1.prod.boltdns.net/v1/static/49919183001/d56d9501-a85b-4691-9dad-192b6656fd70/29117ba1-d38f-4b88-b5d0-4bfa4aec5fc6/1280x720/match/image.jpg

Take self-guided courses on Agricultural futures and options
If you're new to futures, the courses below can help you quickly understand the Agricultural market and start trading.

1 module

Introduction to Fed Fund Futures

Launch course

1 module

Understanding the FOMC Report

Launch course

11 modules

Introduction to SOFR

Launch course

Explore more courses [link-bold]

layout
50-50
arrange
1-3
style
text-2,gray6-background, padding-bottom-m, no-margin-bottom,

Sign up to receive updates on FedWatch and related interest rate products.

Id
CUF-2023-IR-003
Source
https://www.cmegroup.com/forms/contact-us.json
Submit Logged Out
https://main--www--cmegroup.aem.live/fragments/contact-us-form-logged-out-submit
Submit Logged In
https://main--www--cmegroup.aem.live/fragments/contact-us-form-logged-in-submit
Mock
LoggedIn
layout
40-10-50
arrange
1-0-1
style
text-2, blue3-background
customid
contact