CME FedWatch

CME FedWatch to Change

New Fed Chairman Kevin Warsh delivered his first major address to the Federal Reserve Board at their summer symposium last week. CME FedWatch tool is changing as a result. The board did not meet in August but is scheduled to meet on the 15th and 16th of this month. Any rate decision will come early afternoon on the 16th. Warsh …

Federal Reserve

Federal Reserve Board Concludes Meeting

The Federal Reserve Board concludes its two-day July meeting today with an announcement on interest rates early afternoon. A week ago today, the CME FedWatch tool showed an 80 percent chance the Fed would leave interest rates unchanged. We know what’s happened to crude oil in the past seven days, one of several factors the Board considers when looking at …