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January 25, 2007
Do-It-Yourself Funds Rate Probabilities
If you are reading this, chances are you are familiar with these pictures depicting what the future (or the Federal Open Market Committee) might bring for the federal funds rate, as estimated from options of fed funds futures:
These used to be a regular feature here at macroblog, and have for some time been available daily at the Federal Reserve Bank of Cleveland's website. They still are, but now the Cleveland site also has a new feature that allows you to customize the estimates, selecting how many alternative rate options you want to consider, whether to include a term premium, and if so how big you want that premium to be. Knock yourself out.
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