CME FedWatch Tool

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

MEDIA: Please attribute rate probabilities used in your reporting to “CME FedWatch Tool.” 

Countdown to FOMC

The next FOMC meeting is in:

    Note: CME FedWatch Tool calculations are based on scenarios that most commonly occur at scheduled FOMC meetings (unch, hike 25bp, ease 25bp). Unscheduled target rate changes by the FOMC of greater magnitude may not be captured perfectly by this tool and users are reminded that outcomes are indicative only.

*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.

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Clearing Globex ClearPort Product Name Exchange Product Group Subgroup Volume Open Interest
ED GE ED Eurodollar Options CME Interest Rate Stirs 479,042 38,224,595
E2 GE2 E2 Eurodollar 2yr MC Options CME Interest Rate Stirs 273,066 3,574,558
21 OZN 21 10-Year T-Note Options CBOT Interest Rate US Treasury 214,600 1,079,414
EW4 EW4 EW4 E-mini S&P 500 Weekly Options - Week 4 CME Equities US Index 177,262 17,393
25 OZF 25 5-Year T-Note Options CBOT Interest Rate US Treasury 111,568 628,205
Trade Date: 22 May 2020 | PRELIMINARY

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