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interest-rate futures
plural noun
financial futures based on projected movements of interest rates
Example Sentences
A little more than a week ago, traders put the chances of a rate cut at less than 50%, according to interest-rate futures prices tracked by CME FedWatch.
The chance of a reduction rose to above 80% Monday, according to interest-rate futures prices tracked by CME, up from 42% a week ago.
Monday afternoon, prices of interest-rate futures implied an 83% chance of a cut, compared with about 42% a week ago and near 92% on Oct.
Interest-rate futures markets saw a strong likelihood on Monday of a rate cut next month, according to CME Group, but that is a recent development.
By late Monday, the chance of a December rate reduction had risen above 80%, according to interest-rate futures prices tracked by CME, compared with 71% on Friday and 42% a week ago.
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