CME Group
Role in each timeline
- The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
Its FedWatch tool is cited for futures-implied probabilities of FOMC policy moves.
- Record Beef Prices: The Smallest Herd Since 1951, the Packer Probe and the Import Fix
Exchange associated with the live- and feeder-cattle futures discussed in market reporting.
CME Group across every timeline
Every dated entry that names CME Group, from all 2 timelines, newest first.
- Futures move to a 43.7 percent chance of an October rate increase Report
Odds of a quarter-point increase on 28 October rose to 43.7 percent from 22.1 percent the day before, on CME FedWatch pricing. Futures put a hold at about 49 percent, up from 19 percent before the report, leaving the meeting close to a coin flip between holding and raising.
on The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings - Futures imply a 22.7 percent chance of an October Fed rate increase Report
Federal-funds futures pricing implied a 22.7 percent probability of a quarter-point rate increase at the October FOMC meeting. Reuters reported that the probability had been 24.4 percent in the prior session and 64.2 percent a week earlier.
on The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings - Markets price an 85 percent chance of a September rate increase Report
Investors priced an 85 percent probability of a rate increase at the Federal Reserve meeting ending the following Wednesday. Axios reported that CME's FedWatch estimate was 72 percent before that day's inflation data.
on The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings - Markets price a roughly 70 percent chance of a September rate hike Report
Traders priced a roughly 70 percent probability that the Federal Reserve would raise rates by 25 basis points at its September 15 to 16 meeting, up from 62 percent before the producer price data, according to LSEG interest rate probabilities.
on The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings - Live cattle futures break $250 and Northern cash trades hit $250 for the first time Financial
Record cash trade in the North pushed the April live cattle contract through the $250 mark, above the previous October's highs, with feeder cattle making new contract highs. The 75-year low in inventory and the closed Mexican border were tightening supply into grilling season even as Washington was trying to talk prices down.
on Record Beef Prices: The Smallest Herd Since 1951, the Packer Probe and the Import Fix