Trying to decide what the Federal Reserve is going to do in any given meeting can be a real challenge, especially with Kevin Warsh now at the helm. For years, traders wished that all relevant information about upcoming Fed announcements could be consolidated into a single metric, and now, thanks to the CME, we can! The CME's FedWatch tool paints a clear picture of what the efficient market is pricing in about the Fed's next rate decision; have a listen to the CME's own Craig Bewick explaining the tool in depth.