VOL. XCIV, NO. 247
★ FINANCIAL TOOLS & SERVICES DIRECTORY ★
PRICE: 5 CENTS
Saturday, September 27, 2025
Investors comparing CME FedWatch Tool and Federal Reserve Bank of New York — Data & Statistics will find that Both CME FedWatch Tool and Federal Reserve Bank of New York — Data & Statistics concentrate on Central Bank Watcher, Interest Rates, and Data APIs workflows, making them natural alternatives for similar investment research jobs. CME FedWatch Tool leans into Data Visualizations, which can be decisive for teams that need depth over breadth. Federal Reserve Bank of New York — Data & Statistics stands out with Yield Curves, Housing & Construction, and Inflation Rates that the competition lacks. Use the feature-by-feature table to inspect unique capabilities and confirm which roadmap best maps to your process.
Head-to-head
CME FedWatch Tool vs Federal Reserve Bank of New York — Data & Statistics
Compare pricing, supported platforms, categories, and standout capabilities to decide which tool fits your workflow.
Quick takeaways
- CME FedWatch Tool adds Data Visualizations coverage that Federal Reserve Bank of New York — Data & Statistics skips.
- Federal Reserve Bank of New York — Data & Statistics includes Yield Curves, Housing & Construction, Inflation Rates, and Newsletters categories that CME FedWatch Tool omits.
- CME FedWatch Tool highlights: Meeting‑by‑meeting probabilities of FOMC target‑rate outcomes implied by Fed Funds futures., Compare view (current vs 1‑day/1‑week/1‑month ago) and Historical panel., and Fed ‘Dot Plot’ chart plus table view..
- Federal Reserve Bank of New York — Data & Statistics is known for: Markets Data Dashboard: one stop for Desk operations and reference rates (repos/RRP, Treasury & Agency MBS operations, liquidity swaps, SOMA holdings, Primary Dealer Statistics)., Reference rates administered by NY Fed: EFFR, OBFR, SOFR (plus BGCR/TGCR/Tri‑party GC), with stated daily publication times., and SOFR Averages (30/90/180‑day) & SOFR Index (index = 1.00000000 on April 2, 2018) with methodology notes..
CME FedWatch Tool
cmegroup.com
Official CME probabilities for upcoming FOMC decisions, derived from 30‑Day Fed Funds (ZQ) futures. Web tool provides meeting‑by‑meeting probability matrices, comparisons over time, a historical download, and a Dot Plot view. A paid REST API is available for programmatic access. CME documents the probability‑tree methodology clearly; API snapshots update on business days at ~01:45 UTC. Media usage asks attribution to “CME FedWatch.”
Platforms
Pricing
Quick highlights
- Meeting‑by‑meeting probabilities of FOMC target‑rate outcomes implied by Fed Funds futures.
- Compare view (current vs 1‑day/1‑week/1‑month ago) and Historical panel.
- Fed ‘Dot Plot’ chart plus table view.
- One‑click PDF generation of the current page and Excel downloads for historical probabilities.
- Transparent methodology: unconditional probabilities via a binary probability tree built from implied EFFR, assuming 25 bp step sizes.
Federal Reserve Bank of New York — Data & Statistics
newyorkfed.org
Official New York Fed hub for rates, markets operations data, and research indicators. Highlights: reference rates (EFFR, OBFR, SOFR & SOFR Averages/Index), Markets Data Dashboard, SOMA holdings & operations results, Primary Dealer Statistics, GSCPI, SCE microdata, and regional surveys (e.g., Empire State Manufacturing). Markets Data APIs and page-level export tools provide JSON/CSV/XML/Excel programmatic access. Publication times for key rates are stated (e.g., SOFR ~8:00 a.m. ET; EFFR ~9:00 a.m. ET).
Categories
Platforms
Pricing
Quick highlights
- Markets Data Dashboard: one stop for Desk operations and reference rates (repos/RRP, Treasury & Agency MBS operations, liquidity swaps, SOMA holdings, Primary Dealer Statistics).
- Reference rates administered by NY Fed: EFFR, OBFR, SOFR (plus BGCR/TGCR/Tri‑party GC), with stated daily publication times.
- SOFR Averages (30/90/180‑day) & SOFR Index (index = 1.00000000 on April 2, 2018) with methodology notes.
- Primary Dealer Statistics: weekly time series (positions, transactions, financing, fails) back to Jan 28, 1998; updated Thursdays ~4:15 p.m. ET; exportable for automated use.
- SOMA holdings: ‘Data Export Builder’ with direct downloads and API construction guidance.
Shared focus areas
Both platforms align on these research themes, so you can stay within one workflow when your use case involves them.
Where they differ
CME FedWatch Tool
Distinct strengths include:
- Meeting‑by‑meeting probabilities of FOMC target‑rate outcomes implied by Fed Funds futures.
- Compare view (current vs 1‑day/1‑week/1‑month ago) and Historical panel.
- Fed ‘Dot Plot’ chart plus table view.
- One‑click PDF generation of the current page and Excel downloads for historical probabilities.
Federal Reserve Bank of New York — Data & Statistics
Distinct strengths include:
- Markets Data Dashboard: one stop for Desk operations and reference rates (repos/RRP, Treasury & Agency MBS operations, liquidity swaps, SOMA holdings, Primary Dealer Statistics).
- Reference rates administered by NY Fed: EFFR, OBFR, SOFR (plus BGCR/TGCR/Tri‑party GC), with stated daily publication times.
- SOFR Averages (30/90/180‑day) & SOFR Index (index = 1.00000000 on April 2, 2018) with methodology notes.
- Primary Dealer Statistics: weekly time series (positions, transactions, financing, fails) back to Jan 28, 1998; updated Thursdays ~4:15 p.m. ET; exportable for automated use.
Feature-by-feature breakdown
| Attribute | CME FedWatch Tool | Federal Reserve Bank of New York — Data & Statistics |
|---|---|---|
Categories Which research workflows each platform targets | Shared: Central Bank Watcher, Interest Rates, Data APIs, APIs & SDKs, Calendar Unique: Data Visualizations | Shared: Central Bank Watcher, Interest Rates, Data APIs, APIs & SDKs, Calendar Unique: Yield Curves, Housing & Construction, Inflation Rates, Newsletters |
Asset types Supported asset classes and universes | Futures | Bonds, Currencies, Other |
Experience levels Who each product is built for | Beginner, Intermediate, Advanced | Beginner, Intermediate, Advanced |
Platforms Where you can access the product | Web, API | Web, API |
Pricing High-level pricing models | Free, Subscription | Free |
Key features Core capabilities called out by each vendor | Unique
| Unique
|
Tested Verified by hands-on testing inside Find My Moat | Not yet | Not yet |
Editor pick Featured inside curated shortlists | Standard listing | Standard listing |
Frequently Asked Questions
Which workflows do CME FedWatch Tool and Federal Reserve Bank of New York — Data & Statistics both support?
Both platforms cover Central Bank Watcher, Interest Rates, Data APIs, APIs & SDKs, and Calendar workflows, so you can research those use cases in either tool before digging into the feature differences below.
Do CME FedWatch Tool and Federal Reserve Bank of New York — Data & Statistics require subscriptions?
Both CME FedWatch Tool and Federal Reserve Bank of New York — Data & Statistics keep freemium access with optional paid upgrades, so you can trial each platform before committing.
How can you access CME FedWatch Tool and Federal Reserve Bank of New York — Data & Statistics?
Both CME FedWatch Tool and Federal Reserve Bank of New York — Data & Statistics prioritize web or desktop access. Investors wanting a mobile-first workflow may need to rely on responsive web views.
What unique strengths set the two platforms apart?
CME FedWatch Tool differentiates itself with Meeting‑by‑meeting probabilities of FOMC target‑rate outcomes implied by Fed Funds futures., Compare view (current vs 1‑day/1‑week/1‑month ago) and Historical panel., and Fed ‘Dot Plot’ chart plus table view., whereas Federal Reserve Bank of New York — Data & Statistics stands out for Markets Data Dashboard: one stop for Desk operations and reference rates (repos/RRP, Treasury & Agency MBS operations, liquidity swaps, SOMA holdings, Primary Dealer Statistics)., Reference rates administered by NY Fed: EFFR, OBFR, SOFR (plus BGCR/TGCR/Tri‑party GC), with stated daily publication times., and SOFR Averages (30/90/180‑day) & SOFR Index (index = 1.00000000 on April 2, 2018) with methodology notes..
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.