Glossary
Fed Funds Futures
Futures contracts priced at 100 minus the average federal funds rate traders expect for a given month. Comparing the implied rate with the current one gives the market's probability of a Fed rate move.
Glossary
Futures contracts priced at 100 minus the average federal funds rate traders expect for a given month. Comparing the implied rate with the current one gives the market's probability of a Fed rate move.