The use of third-party tools for inspection (such as Investing.com) provides investors with a reference to predict the path of the Fed's interest rate hike, which is used to express the market's expectation of the possibility of interest rate changes of the Fed's monetary policy. The observer allows users to calculate the probability that the Fed will raise interest rates at its next meeting.

On the third-party tool Fed's interest rate hike page, you can see the 30-day federal funds futures price and the market's expectation of interest rate changes. For example, the day before the Federal Reserve's policy monetary meeting on Wednesday, the market thought that the possibility of raising the federal funds rate range by 25 basis points to 2.25% to 2.50% in 65438+February was 72.3%.