The Morning Line

Will the Fed decrease interest rates by 25 bps after the October 2026 meeting?

Economy · tracked since July 20, 2026 · no longer updating — this question left the market on August 31, 2026

3%

Final tracked odds

As of August 31, 2026, market-consensus odds put the chance at 3%.

Unchanged 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 20Aug 7Aug 28Aug 30Aug 31Yes — Jul 20: 10%Yes — Aug 7: 6%Yes — Aug 28: 4%Yes — Aug 29: 3%Yes — Aug 30: 4%Yes — Aug 31: 3%3%

Every outcome we track

OutcomeAug 30TodayMove
Yes4%3%
Full history table
DateYes
2026-08-313%
2026-08-304%
2026-08-293%
2026-08-284%
2026-08-076%
2026-07-2010%

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. The record is final; past values never change.

Common questions

Will the Fed decrease interest rates by 25 bps after the October 2026 meeting — what were the odds?
As of the last morning we tracked it, August 31, 2026, the market-consensus chance was 3%. That is the aggregated judgment of traders with money at stake, reported by The Morning Line — not our own prediction.
Will the Fed decrease interest rates by 25 bps after the October 2026 meeting — did the odds go up or down?
Down. Over the 6 days we tracked this question, the odds moved from 10% on July 20, 2026 to 3% on August 31, 2026 — a change of 7 points.
Will the Fed decrease interest rates by 25 bps after the October 2026 meeting — what were the highest and lowest odds?
Over 6 tracked days the odds ranged between 3% and 10%. The final reading of 3% sits at the bottom of that range.

About this question

The Morning Line has reported the market-consensus odds on “Will the Fed decrease interest rates by 25 bps after the October 2026 meeting” for 6 days, since July 20, 2026. As of August 31, 2026, market-consensus odds sit at 3%. The final tracked chance for a yes has fallen from 10% to 3%, ranging between 3% and 10% across that stretch. These are reported probabilities, not our own predictions. The question left the market on August 31, 2026, and this page is now a permanent record.

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