VOL. XCIV, NO. 247
A CURATED DIRECTORY OF FINANCIAL TOOLS AND RESOURCES
CME FedWatch Review, Pricing, and Features
CME FedWatch
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
Who runs this
I'm Jera Value, and I write every record here myself. I'm an independent investor who likes code and value investing, and I keep these notes because I use the tools for my own research. When a page is wrong, I fix it and say so.
- Tools
- 366
- Categories
- 120
- Tested
- 85
- Starred
- 38
How this site is funded
Some provider links pay me a commission. It costs you nothing. Sponsors can buy the ad slots marked as such. Neither moves a tool up the rankings or earns it a star. Your votes set the order, and I fix errors for free.
- Affiliate links
- Disclosed
- Sponsors
- Labeled
- Corrections
- Free
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.