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Daily Futures Trading Update

CME – FedWatch Tool Shows Probability for 2017 Rate Hikes

Posted 06/07/2017 11:03AM CT | CME Group

With the CME FedWatch tool currently projecting a probability of nearly 96% for a rate hike at the June 14 meeting, the market is focused on the potential path of additional hikes throughout 2017. 

Probabilities of Target Ranges for 2017 Fed Meetings

 

75-100 bps

100 to 125 bps

125 to 150 bps

150 to 175 bps

6/14

4.2%

95.8%

0.0%

 

7/26

4.0%

91.2%

4.8%

0.0%

9/20

3.4%

77.0%

18.9%

0.8%

11/1

3.2%

74.0%

21.2%

1.5%

12/13

2.2%

52.1%

37.6%

7.6%

Probabilities as of June 6, 11:00 am CT

 

View 2017 Rate Hike Probabilities

CME Group