The Morning Line

Will the Fed decide differently in the next three decisions (Jul–Sep–Oct)?

Economy · tracked since July 7, 2026 · last updated 11:43 AM ET

62%

Today’s odds

As of September 6, 2026, market-consensus odds put the chance at 62%.

▼ 3 since the previous update. ▲ 2 over the last 7 days. Probabilities are market-consensus forecasts, not predictions.

How the odds have moved

0%25%50%75%100%Jul 7Aug 8Aug 17Aug 26Sep 6Yes — Jul 7: 38%Yes — Sep 6: 62%62%

Every outcome we track

OutcomeSep 5TodayMove
Yes64%62%▼ 3
Full history table
DateYes
2026-09-0662%
2026-09-0564%
2026-09-0464%
2026-09-0358%
2026-09-0268%
2026-09-0164%
2026-08-2960%
2026-08-2860%
2026-08-2744%
2026-08-2642%
2026-08-2542%
2026-08-2440%
2026-08-2340%
2026-08-2240%
2026-08-2140%
2026-08-2040%
2026-08-1940%
2026-08-1840%
2026-08-1739%
2026-08-1639%
2026-08-1540%
2026-08-1438%
2026-08-1344%
2026-08-1248%
2026-08-1148%
2026-08-1048%
2026-08-0948%
2026-08-0849%
2026-08-0750%
2026-08-0462%
2026-08-0366%
2026-08-0268%
2026-08-0169%
2026-07-3163%
2026-07-3063%
2026-07-0838%
2026-07-0738%

Use this data. The full daily history behind this page is free to download and reuse with a link back to this page: Download the full daily odds history (CSV) · the same history as JSON · about the open data. Updated every morning; past values never change.

Common questions

Will the Fed decide differently in the next three decisions (Jul–Sep–Oct) — what are the odds?
As of September 6, 2026, the market-consensus chance is 62%. That is the aggregated judgment of traders with money at stake, reported by The Morning Line — not our own prediction.
Will the Fed decide differently in the next three decisions (Jul–Sep–Oct) — have the odds gone up or down?
Up. Over the 37 days we tracked this question, the odds moved from 38% on July 7, 2026 to 62% on September 6, 2026 — a change of 24 points.
Will the Fed decide differently in the next three decisions (Jul–Sep–Oct) — what are the highest and lowest odds?
Over 37 tracked days the odds ranged between 38% and 69%. The current reading of 62% sits inside that range.

About this question

The Morning Line has reported the market-consensus odds on “Will the Fed decide differently in the next three decisions (Jul–Sep–Oct)” for 37 days, since July 7, 2026. As of September 6, 2026, market-consensus odds sit at 62%. The chance for a yes has risen from 38% to 62%, ranging between 38% and 69% across that stretch. These are reported probabilities, not our own predictions. This page updates every morning with the full daily history, free to download as JSON or CSV.

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