VOL. XCIV, NO. 247

★ BEST INVESTING TOOLS COMPARISON ★

NO ADVICE

Monday, January 5, 2026

Tool Comparison

CME FedWatch Tool vs FRED (Federal Reserve Economic Data) comparison

Compare pricing, supported platforms, categories, and standout capabilities to decide which tool fits your workflow.

CME FedWatch Tool logo

CME FedWatch Tool

cmegroup.com

PricingFree, Subscription
PlatformsWeb, API
FRED (Federal Reserve Economic Data) logo

FRED (Federal Reserve Economic Data)

fred.stlouisfed.org

PricingFree
PlatformsWeb, Mobile, API

Comparison highlights

  • Tool score: the chart below shows community vote sentiment over the last 8 weeks. Use it as a signal, not a verdict.
  • Overlap: both cover Interest Rates, Data APIs, and APIs & SDKs and 2 other categories.
  • Coverage tilt: CME FedWatch Tool has 1 categories you won't get in FRED (Federal Reserve Economic Data); FRED (Federal Reserve Economic Data) has 5 unique categories.
  • Pricing: CME FedWatch Tool is Free, Subscription; FRED (Federal Reserve Economic Data) is Free.

Category leaders

  • Data Visualizations: not enough category votes yet to call a leader.

Vote sentiment comparison

Cumulative positive vote share. Loading fresh totals...

CME FedWatch ToolFRED (Federal Reserve Economic Data)

Side-by-side metrics

AttributeCME FedWatch ToolFRED (Federal Reserve Economic Data)
Asset types

Supported asset classes and universes

Futures

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, Mobile, API

Pricing

High-level pricing models

Free, Subscription

Free

Tested

Verified by hands-on testing inside Find My Moat

Not yet

Not yet

Editor pick

Featured inside curated shortlists

Standard listing

Standard listing

Coverage overlap

Shared categories

Categories where both tools offer overlapping coverage.

CME FedWatch Tool strengths

Categories covered by CME FedWatch Tool but not FRED (Federal Reserve Economic Data).

FRED (Federal Reserve Economic Data) strengths

Categories covered by FRED (Federal Reserve Economic Data) but not CME FedWatch Tool.

Frequently Asked Questions

Which workflows do CME FedWatch Tool and FRED (Federal Reserve Economic Data) both support?

Both platforms cover Interest Rates, Data APIs, APIs & SDKs, Data Visualizations, 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 FRED (Federal Reserve Economic Data) require subscriptions?

Both CME FedWatch Tool and FRED (Federal Reserve Economic Data) keep freemium access with optional paid upgrades, so you can trial each platform before committing.

Which tool has mobile access?

FRED (Federal Reserve Economic Data) ships a dedicated mobile experience, while CME FedWatch Tool focuses on web or desktop access.

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 FRED (Federal Reserve Economic Data) stands out for 800,000+ economic data series from 100+ sources, covering topics such as GDP, prices/inflation, employment, exchange rates, and interest rates., Browse and track data via categories, releases, sources, and tags; series pages show metadata like units/frequency and “last updated / next release” fields., and Graphing and sharing options include embeddable graphs and graph-image links..

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.