Fed Interest Rate Decision Nov 05, 2020 02:00PM ET 6 Weeks 0 Days 18 Hours 58 Minutes

Our Fed rate monitor calculator is based on CME Group 30-Day Fed Fund futures prices, which tend to signal the markets’ expectations regarding the possibility of changes to US interest rates based on Fed monetary policy. The tool allows users to calculate the likelihood of an upcoming Fed rate hike or cut.

Meeting Time: Nov 05, 2020 02:00PM ET Future Price: 99.925 0.00 - 0.25 97.7% -0.25 - 0.00 2.3% Target Rate Current Probability% Previous Day Probability% Previous Week Probability% -0.25 - 0.00 2.3% 2.3% 2.3% 0.00 - 0.25 97.7% 97.7% 97.7%

Meeting Time: Dec 16, 2020 02:00PM ET Future Price: 99.930 0.00 - 0.25 93.7% -0.25 - 0.00 6.3% Target Rate Current Probability% Previous Day Probability% Previous Week Probability% -0.50 - -0.25 0.1% 0.2% 0.2% -0.25 - 0.00 6.3% 10.2% 10.2% 0.00 - 0.25 93.7% 89.6% 89.6%

Meeting Time: Jan 27, 2021 02:00PM ET Future Price: 99.935 0.00 - 0.25 89.2% -0.25 - 0.00 10.4% -0.50 - -0.25 0.4% Target Rate Current Probability% Previous Day Probability% Previous Week Probability% -0.50 - -0.25 0.4% 0.4% 0.7% -0.75 - -0.50 0.0% 0.0% 0.0% -0.25 - 0.00 10.4% 12.1% 14.0% 0.00 - 0.25 89.2% 87.5% 85.3%

Meeting Time: Mar 17, 2021 02:00PM ET Future Price: 99.945 0.00 - 0.25 89.2% -0.25 - 0.00 10.4% -0.50 - -0.25 0.4% Target Rate Current Probability% Previous Day Probability% Previous Week Probability% -0.50 - -0.25 0.4% 1.4% 1.2% -0.75 - -0.50 0.0% 0.0% 0.0% -1.00 - -0.75 — 0.0% 0.0% -0.25 - 0.00 10.4% 18.3% 16.9% 0.00 - 0.25 89.2% 80.2% 81.8% 0.25 - 0.50 — — —

Meeting Time: Apr 28, 2021 02:00PM ET Future Price: 99.950 0.00 - 0.25 87.2% -0.25 - 0.00 12.2% -0.50 - -0.25 0.6% Target Rate Current Probability% Previous Day Probability% Previous Week Probability% -0.50 - -0.25 0.6% 1.8% 1.6% -0.75 - -0.50 0.0% 0.1% 0.1% -1.00 - -0.75 0.0% 0.0% 0.0% -1.25 - -1.00 — — — -0.25 - 0.00 12.2% 19.7% 18.4% 0.00 - 0.25 87.2% 78.5% 80.0% 0.25 - 0.50 — — —

Meeting Time: Jun 16, 2021 02:00PM ET Future Price: 99.955 0.00 - 0.25 87.2% -0.25 - 0.00 12.2% -0.50 - -0.25 0.6% Target Rate Current Probability% Previous Day Probability% Previous Week Probability% -0.50 - -0.25 0.6% 1.8% 1.6% -0.75 - -0.50 0.0% 0.1% 0.1% -1.00 - -0.75 0.0% 0.0% 0.0% -1.25 - -1.00 — — — -0.25 - 0.00 12.2% 19.7% 18.4% 0.00 - 0.25 87.2% 78.5% 80.0% 0.25 - 0.50 — — —

Meeting Time: Jul 28, 2021 02:00PM ET Future Price: 99.955 0.00 - 0.25 85.2% -0.25 - 0.00 13.9% -0.50 - -0.25 0.9% Target Rate Current Probability% Previous Day Probability% Previous Week Probability% -0.50 - -0.25 0.9% 2.2% 2.0% -0.75 - -0.50 0.0% 0.1% 0.1% -1.00 - -0.75 0.0% 0.0% 0.0% -1.25 - -1.00 — — — -1.50 - -1.25 — — — -0.25 - 0.00 13.9% 21.0% 19.8% 0.00 - 0.25 85.2% 76.7% 78.2% 0.25 - 0.50 — — —

Meeting Time: Sep 22, 2021 02:00PM ET Future Price: 99.960 0.00 - 0.25 85.2% -0.25 - 0.00 13.9% -0.50 - -0.25 0.9% Target Rate Current Probability% Previous Day Probability% Previous Week Probability% -0.50 - -0.25 0.9% 2.2% 2.0% -0.75 - -0.50 0.0% 0.1% 0.1% -1.00 - -0.75 0.0% 0.0% 0.0% -1.25 - -1.00 — — — -1.50 - -1.25 — — — -0.25 - 0.00 13.9% 21.0% 19.8% 0.00 - 0.25 85.2% 76.7% 78.2% 0.25 - 0.50 — — — 0.50 - 0.75 — — —

Meeting Time: Nov 03, 2021 02:00PM ET Future Price: 99.970 0.00 - 0.25 83.4% -0.25 - 0.00 15.4% -0.50 - -0.25 1.2% Target Rate Current Probability% Previous Day Probability% Previous Week Probability% -0.50 - -0.25 1.2% 2.6% 2.3% -0.75 - -0.50 0.0% 0.2% 0.1% -1.00 - -0.75 0.0% 0.0% 0.0% -1.25 - -1.00 — — — -1.50 - -1.25 — — — -1.75 - -1.50 — — — -0.25 - 0.00 15.4% 22.2% 21.0% 0.00 - 0.25 83.4% 75.0% 76.5% 0.25 - 0.50 — — — 0.50 - 0.75 — — —

Meeting Time: Dec 15, 2021 02:00PM ET Future Price: 99.970 0.00 - 0.25 79.7% -0.25 - 0.00 18.4% -0.50 - -0.25 1.8% Target Rate Current Probability% Previous Day Probability% Previous Week Probability% -0.50 - -0.25 1.8% 3.5% 3.2% -0.75 - -0.50 0.1% 0.3% 0.2% -1.00 - -0.75 0.0% 0.0% 0.0% -1.25 - -1.00 — 0.0% 0.0% -1.50 - -1.25 — — — -1.75 - -1.50 — — — -2.00 - -1.75 — — — -0.25 - 0.00 18.4% 24.6% 23.5% 0.00 - 0.25 79.7% 71.7% 73.1% 0.25 - 0.50 — — — 0.50 - 0.75 — — —

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