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Showing 21 - 30 of 31 results for "FedWatch Tool"

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... over with regards to the conduct of its monetary policy over the course of 2019. How patient and flexible? The CME FedWatch Tool puts the probability of the fed funds rate remaining at the current 2.25%-2.50% level by 11 December 2019 meeting at 70.2% ...

Chief economist update: The clown in the White House

BENJAMIN ONG  |  TUESDAY, 18 DEC 2018
... hike. Take the Victory!" Nah, the Fed's not even considering it, it's a done deal! Based on the latest CME FedWatch Tool, it's in the bag with the probability of the fed funds rate (currently at 2%-2.25%) rising by 25 bps to 2.25-2.5% at ...

And so this is Christmas, another year (almost) over

BENJAMIN ONG  |  MONDAY, 10 DEC 2018
... difference that the Fed will raise the fed funds rate by another 25 basis points to 2.5% come 19 December. The CME FedWatch Tool puts the probability of this happening at 69.8% - still strong odds but down from 72.3% before the release of the employment ...

Chief economist update: The money is one Fed rate hike next year

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
... from the Fed has lowered the probability of the US central bank lifting the fed funds rate, according to CME's FedWatch Tool from 2.25% now to 2.5% at its December 19 meeting to 65.4% from 75.8% a week before. While the odds are still high and financial ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
... expect the US Federal Reserve's FOMC meeting this week (7-8 November) to be a ho-hum event. In fact, the CME FedWatch Tool puts the probability of the Fed keeping the fed funds rate at 2-2.25% at 92.8% - almost a sure "no change" thing. However ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
... expectations for the year ahead held close to the 35-month peak seen in April." But what puzzles the mind is why the CME FedWatch Tool - the one which tracks the probability of fed rate hikes based on fed fund futures contract prices (or where investors ...

Chief economist update: Plotting the dots

BENJAMIN ONG  |  MONDAY, 19 MAR 2018
... as gold that it will announce another gentle 25 basis points hike, taking the fed funds rate to 1.5%-1.75% - CME FedWatch Tool has the probability of a rate hike at 94.4% - when the US central bank concludes its two-day FOMC meeting on 21 March. But ...

C is the key

BENJAMIN ONG  |  WEDNESDAY, 22 NOV 2017
... Federal Reserve proclaims to the world that the fed funds rate is 25 basis points higher to 1.5%. Gauging from the CME FedWatch Tool, this is 91.5% certain. I don't think anybody can quibble with this. But one striking point in the CME Group's website ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
... While the Fed made no reference to a December rate hike in its October Statement, this is as good as done. CME's FedWatch Tool put the odds that the fed funds rate would be 25 basis points higher at 96.7% -- up from 91.3% the week before and 71.4% on ...

Inflated attention on September US CPI inflation

BENJAMIN ONG  |  MONDAY, 16 OCT 2017
... Projections, my colleagues and I project inflation to move higher next year and to reach 2% by 2019." Yet, the CME FedWatch Tool showed the probability of the Fed raising interest rates this coming December slipping to 81.7% from 82.7% before the CPI ...