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Probabilities are computed in house from 30 Day Fed Funds Futures and euro short-term rate data, then refreshed twice per business day. They describe what the market is pricing, not what a central bank will decide. RateRadar is informational and is not financial advice.

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Home / Glossary / Cumulative pricing
Glossary

Cumulative pricing

The total expected change in the policy rate across all upcoming meetings in a window. For example, '-65 bps priced in by December' means markets expect roughly 2-3 cuts of 25 bps each by year-end.

See it in action on the live probability tracker or read the full methodology.
Download on the App StoreEvery term is explained inside the free iPhone app too.
Related terms
  • Basis point (bp / bps)
  • FOMC
  • Fed Funds Target Rate
  • Deposit Facility Rate (DFR)
← All glossary terms