The Morning Line

Will the Fed increase interest rates by 25 bps after the December 2026 meeting?

Economy · tracked since September 1, 2026 · no longer updating — this question left the market on October 24, 2026

74%

Final tracked odds

As of October 24, 2026, market-consensus odds put the chance at 74%.

▲ 1 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%Sep 1Sep 8Oct 9Oct 17Oct 24Yes — Sep 1: 48%Yes — Sep 2: 46%Yes — Sep 3: 44%Yes — Sep 4: 44%Yes — Sep 5: 44%Yes — Sep 6: 44%Yes — Sep 7: 44%Yes — Sep 8: 44%Yes — Sep 18: 68%Yes — Sep 19: 68%Yes — Sep 20: 68%Yes — Sep 21: 68%Yes — Sep 22: 68%Yes — Oct 8: 76%Yes — Oct 9: 74%Yes — Oct 10: 74%Yes — Oct 11: 74%Yes — Oct 12: 76%Yes — Oct 13: 74%Yes — Oct 14: 80%Yes — Oct 15: 78%Yes — Oct 16: 78%Yes — Oct 17: 76%Yes — Oct 18: 76%Yes — Oct 19: 76%Yes — Oct 20: 78%Yes — Oct 21: 78%Yes — Oct 22: 68%Yes — Oct 23: 73%Yes — Oct 24: 74%74%

Every outcome we track

OutcomeOct 23TodayMove
Yes73%74%▲ 1
Full history table
DateYes
2026-10-2474%
2026-10-2373%
2026-10-2268%
2026-10-2178%
2026-10-2078%
2026-10-1976%
2026-10-1876%
2026-10-1776%
2026-10-1678%
2026-10-1578%
2026-10-1480%
2026-10-1374%
2026-10-1276%
2026-10-1174%
2026-10-1074%
2026-10-0974%
2026-10-0876%
2026-09-2268%
2026-09-2168%
2026-09-2068%
2026-09-1968%
2026-09-1868%
2026-09-0844%
2026-09-0744%
2026-09-0644%
2026-09-0544%
2026-09-0444%
2026-09-0344%
2026-09-0246%
2026-09-0148%

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 increase interest rates by 25 bps after the December 2026 meeting — what were the odds?
As of the last morning we tracked it, October 24, 2026, the market-consensus chance was 74%. That is the aggregated judgment of traders with money at stake, reported by The Morning Line — not our own prediction.
Will the Fed increase interest rates by 25 bps after the December 2026 meeting — did the odds go up or down?
Up. Over the 30 days we tracked this question, the odds moved from 48% on September 1, 2026 to 74% on October 24, 2026 — a change of 26 points.
Will the Fed increase interest rates by 25 bps after the December 2026 meeting — what were the highest and lowest odds?
Over 30 tracked days the odds ranged between 44% and 80%. The final reading of 74% sits inside that range.

About this question

The Morning Line has reported the market-consensus odds on “Will the Fed increase interest rates by 25 bps after the December 2026 meeting” for 30 days, since September 1, 2026. As of October 24, 2026, market-consensus odds sit at 74%. The final tracked chance for a yes has risen from 48% to 74%, ranging between 44% and 80% across that stretch. These are reported probabilities, not our own predictions. The question left the market on October 24, 2026, and this page is now a permanent record.

Related questions