Tuesday, April 20, 2010

New FOMC Rate Change Probability Tool

My brother John works at the CME Group, where he has assisted in programing a neat new little tool that extracts the probability densities of future rate changes using differences in 30-Day Fed Funds futures contract prices.  This is obviously a terrific resource for independent traders [link]:

The tool apparently goes alpha for official launch any day now -- Awesome work John!

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