Author Archives: Sean Tully

Fed Rate Forecasts: What Impact Will They Have?

The Federal Reserve announced recently that beginning later this month, it will begin publishing end-of-year forecasts for short-term interest rates. Following its Jan. 24-25 meeting, the Fed will make public the projections of each of its 17 policymakers – five governors in Washington, and the 12 regional bank presidents – for rates in the fourth [...]

Why Our Eurodollars Matter in Uncertain Times

I recently wrote about the launch of our Euribor contract, and its usability in increasingly turbulent macroeconomic times. One of the reasons for our confidence in launching Euribor futures is the positive market response our Eurodollar futures contract continues to receive.
This contract is the most widely traded and versatile interest rate futures product in the [...]

Questions and Answers on Euribor Futures

Continued macroeconomic uncertainty in Europe, including the threat of default in Greece; and signs of slow growth in the United States, including the S&P downgrade, have sent market participants looking for new ways to manage interest rate risk.
This week, CME Group launched Euribor futures contracts, a product based on the euro interbank offered rate that [...]