Fed decisions
The calendar, the Fed's outlook and market expectations. One clear view.
Next FOMC meeting—Loading calendar…
Most likely rate range · CME—Awaiting futures data
Implied probability · CME—For the most likely range
FOMC
Decision calendar
Official meeting dates. The next decision is highlighted.
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SEP + Dot Plot: includes economic and rate projections.
OFFICIAL OUTLOOK
What the Fed projects
Median forecasts from the latest Summary of Economic Projections (SEP).
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Updated at SEP meetings only
See meetings marked SEP + Dot Plot in the calendar.
MARKET EXPECTATIONS
What futures are pricing in
Odds of each rate range from Fed Funds futures, via Investing.com. These are market expectations, separate from the Fed's projections.
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Amber marks the most likely range in each meeting. Refreshes every 5 minutes.
TWO MARKETS, ONE DECISION
CME vs Polymarket
Compare institutional futures with prediction-market bets. Polymarket is smaller and less liquid; the gap shows where their expectations differ.
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