★ A CURATED DIRECTORY OF FINANCIAL TOOLS AND RESOURCES ★
VOL. XCIV, NO. 247
CME FedWatch Review, Pricing, and Features
CME FedWatch converts 30-Day Fed Funds futures into market-implied probabilities for upcoming FOMC rate outcomes. It is useful for rates and macro monitoring, with a free web tool and paid end-of-day or intraday APIs. The probabilities are market pricing, not Fed guidance.
Best for
- Macro investors and rates teams needing market-implied FOMC target-rate probabilities from 30-Day Fed Funds futures.
- Fed and rates researchers looking for a free CME tool around FOMC meetings, with a paid API for programmatic access.
- Dashboards and research systems that need EOD or intraday FedWatch probabilities via REST/JSON instead of manual screenshots.
Watch out
- FedWatch reflects Fed Funds futures pricing assumptions, not CME advice, a Fed forecast, or guaranteed policy outcomes.
- The web tool is free, but EOD API access is listed at $25/month and intraday access requires separate licensing.
Community votes (overall)
No votes yet. Be the first to rate this tool.
Pricing
Free • From $25/mo · Enterprise · 3 plans
Web Tool
Free web access to FedWatch probabilities, charts and exports.
FedWatch End-of-Day API
REST API access to end-of-day FedWatch probabilities for macro research and reporting.
FedWatch Intraday API
Intraday FedWatch probabilities with 60-second updates; licensing varies by use case.
Key features
- View market-implied target-rate probabilities for upcoming FOMC meetings.
- Compare current probabilities with values from one day, one week, and one month earlier.
- Review up to one year of web history and download raw historical probabilities in Excel.
- Compare the Fed Dot Plot with the year-end rate implied by Fed Funds futures.
- Generate a PDF report in vertical or horizontal format.
- Use the paid end-of-day REST API for daily JSON delivery.
- License the intraday REST API for 60-second probability updates.
- FedWatch outputs are futures-market-implied probabilities, not guaranteed FOMC outcomes, Federal Reserve forecasts, or trading recommendations.
- Use FedWatch for rates and macro monitoring, not as a general macro terminal, equity screener, portfolio tracker, or broker.
FAQ
Is CME FedWatch free?
Not entirely. CME FedWatch includes a free tier, but its paid subscription and other options unlock more capacity. Visit the vendor site for current limits and pricing. Enterprise quotes are handled directly with the vendor.
Who is CME FedWatch best for?
CME FedWatch is built for Retail Traders, Pro Retail, Institutional Investors, Analysts, Quants/Developers, Asset Managers + 1 more. It suits beginner, intermediate, and advanced users.
What platforms and connections does CME FedWatch support?
You can use CME FedWatch on Web. CME FedWatch offers an API (REST) with OAuth2 authentication.
Which markets does CME FedWatch cover?
CME FedWatch covers North America. Examples include US. It tracks Futures.
Suggest an edit
Keep Exploring
Information
About Me
Hey! Thanks for stopping by. I'm an independent investor with a soft spot for coding and the stock market - especially value investing (as you can probably tell from the tools I've collected here, haha). Hopefully you'll find something useful or interesting along the way.
Find me here:
- Twitter / X: @Jera_Value
- Website: Jera Value
Got questions or suggestions? I'm all ears!
Missing a Tool?
Discovered a gem I don't have here yet? Drop the link below and I'll check it out ASAP. Tagging me on X works too! Can't wait to see what you've found!
Starred Tools
These are my top picks. Tools I've tested thoroughly and found to be excellent. They do their job really well, and I use them a lot. If you're not already familiar with them, I highly recommend checking them out.
Tested Tools
These are tools I've tried and found to be solid, but not standout. Think of them as passing an initial quality screen: worth exploring, though not all will be exceptional.
Curation & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.