The Morning Line

Will the Fed increase interest rates by 50+ bps after the July 2026 meeting?

Economy · tracked since July 17, 2026 · no longer updating — this question left the market on July 29, 2026

0.7%

Final tracked odds

As of July 29, 2026, market-consensus odds put the chance at 0.7%.

Unchanged since the previous update. Probabilities are market-consensus forecasts, not predictions.

How the odds have moved

0%25%50%75%100%Jul 17Jul 20Jul 23Jul 26Jul 29Yes — Jul 17: 0.4%Yes — Jul 18: 0.4%Yes — Jul 19: 0.4%Yes — Jul 20: 0.4%Yes — Jul 21: 0.5%Yes — Jul 22: 0.9%Yes — Jul 23: 0.7%Yes — Jul 24: 0.7%Yes — Jul 25: 0.8%Yes — Jul 26: 0.7%Yes — Jul 27: 0.5%Yes — Jul 28: 0.4%Yes — Jul 29: 0.7%0.7%

Every outcome we track

OutcomeJul 28TodayMove
Yes0.4%0.7%
Full history table
DateYes
2026-07-290.7%
2026-07-280.4%
2026-07-270.5%
2026-07-260.7%
2026-07-250.8%
2026-07-240.7%
2026-07-230.7%
2026-07-220.9%
2026-07-210.5%
2026-07-200.4%
2026-07-190.4%
2026-07-180.4%
2026-07-170.4%

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 50+ bps after the July 2026 meeting — what were the odds?
As of the last morning we tracked it, July 29, 2026, the market-consensus chance was 0.7%. 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 50+ bps after the July 2026 meeting — how much did the odds move?
Barely. Across 13 tracked days the odds held near 0.4%, ending at 0.7% on July 29, 2026 — a question the market has not changed its mind about.

About this question

The Morning Line has reported the market-consensus odds on “Will the Fed increase interest rates by 50+ bps after the July 2026 meeting” for 13 days, since July 17, 2026. As of July 29, 2026, market-consensus odds sit at 0.7%. The final tracked chance for a yes has held near 0.4% across that stretch. These are reported probabilities, not our own predictions. The question left the market on July 29, 2026, and this page is now a permanent record.

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