Key points
Fed funds rate target and futures (Dec '27 / Dec '26 / Oct '26), 2026 YTD ｜ As of Nov 5, the Dec 2027 contract fell from ~4.8% to ~4.4%
Image source: @robin_j_brooks
2026-11-06
Fed Funds Futures Ease; the Dec 2027 Contract Slips From Nearly 4.8% to About 4.4%