Why The FedWatch Tool Became a Key Interest Rates Indicator
https://www.cmegroup.com/openmarkets/interest-rates/2023/why-the-FedWatch-tool-became-a-key-interest-rates-indicator.html
WEBJun 20, 2023 · FedWatch, a tool from CME Group, has become a favorite indicator to assess where overnight rates will go as the Fed works to tackle stubborn inflation. The tool has been around for roughly a decade when CME Group introduced it to make futures prices more accessible and transparent for market participants.
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