The Morning Line

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

Economy · tracked since July 22, 2026 · no longer updating — this question left the market on October 28, 2026

0.1%

Final tracked odds

As of October 28, 2026, market-consensus odds put the chance at 0.1%.

▼ 6 since the previous update. ▼ 31 over the last 7 days. Probabilities are market-consensus forecasts, not predictions.

How the odds have moved

0%25%50%75%100%Jul 22Aug 5Aug 12Aug 22Oct 28Yes — Jul 22: 30%Yes — Jul 23: 32%Yes — Jul 24: 32%Yes — Jul 25: 30%Yes — Jul 26: 30%Yes — Aug 2: 22%Yes — Aug 4: 22%Yes — Aug 5: 22%Yes — Aug 6: 22%Yes — Aug 7: 24%Yes — Aug 8: 24%Yes — Aug 9: 24%Yes — Aug 10: 24%Yes — Aug 11: 24%Yes — Aug 12: 24%Yes — Aug 13: 24%Yes — Aug 14: 24%Yes — Aug 15: 24%Yes — Aug 16: 24%Yes — Aug 17: 24%Yes — Aug 20: 24%Yes — Aug 21: 24%Yes — Aug 22: 24%Yes — Sep 10: 32%Yes — Oct 23: 8%Yes — Oct 24: 4%Yes — Oct 25: 6%Yes — Oct 26: 8%Yes — Oct 27: 6%Yes — Oct 28: 0.1%0.1%

Every outcome we track

OutcomeOct 27TodayMove
Yes6%0.1%▼ 6
Full history table
DateYes
2026-10-280.1%
2026-10-276%
2026-10-268%
2026-10-256%
2026-10-244%
2026-10-238%
2026-09-1032%
2026-08-2224%
2026-08-2124%
2026-08-2024%
2026-08-1724%
2026-08-1624%
2026-08-1524%
2026-08-1424%
2026-08-1324%
2026-08-1224%
2026-08-1124%
2026-08-1024%
2026-08-0924%
2026-08-0824%
2026-08-0724%
2026-08-0622%
2026-08-0522%
2026-08-0422%
2026-08-0222%
2026-07-2630%
2026-07-2530%
2026-07-2432%
2026-07-2332%
2026-07-2230%

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 October 2026 meeting — what were the odds?
As of the last morning we tracked it, October 28, 2026, the market-consensus chance was 0.1%. 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 October 2026 meeting — did the odds go up or down?
Down. Over the 30 days we tracked this question, the odds moved from 30% on July 22, 2026 to 0.1% on October 28, 2026 — a change of 30 points.
Will the Fed increase interest rates by 25 bps after the October 2026 meeting — what were the highest and lowest odds?
Over 30 tracked days the odds ranged between 0.1% and 32%. The final reading of 0.1% sits at the bottom of 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 October 2026 meeting” for 30 days, since July 22, 2026. As of October 28, 2026, market-consensus odds sit at 0.1%. The final tracked chance for a yes has fallen from 30% to 0.1%, ranging between 0.1% and 32% across that stretch. These are reported probabilities, not our own predictions. The question left the market on October 28, 2026, and this page is now a permanent record.

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