Fed Funds Futures Contracts Data Suggests Investors Are Predicting Less Hawkish Move by the Fed

A chart from CME’s FedWatch Tool shows how the market is predicting the Federal Reserve’s next move at its upcoming March 16 meeting. Earlier this month, the market expected more hawkish action. But the Chart of the Day shows something different. What changed? “All About Bitcoin” fill-in host Lawrence Lewitinn explains the data.