Economist Perspective: CME FedWatch Tool 2019 Interest Rate Projections
January 16, 2019 at 09:30 AM EST
“The FedWatch tool calculates unconditional probabilities of Federal Open Market Committee (FOMC) meeting outcomes to generate a binary probability tree. CME Group lists 30-Day Federal Funds Futures (FF) futures, prices of which incorporate market expectations of average daily Federal Funds...