How to see priced-in probability of rate hike by futures markets

At the moment the federal funds rate is at 0-0.25% (average: 0.125%)

The graph shows the CME federal funds future expiring october 2015. This shows the market expects no rate hike this meeting.

You can also look up the implied probability on the CME groups website, just google cme fed watch

if you want to see another month: look up name of future contract on cme website, e.g. december is called FFZ2015

Source: youtube.com/watch?v=780Qawc3fAE (at minute 20)
Fundamental Analysisfutures

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