The Morning Line

Will there be no change in Fed interest rates after the December 2026 meeting?

Economy · tracked since September 3, 2026 · no longer updating — this question left the market on October 27, 2026

22%

Final tracked odds

As of October 27, 2026, market-consensus odds put the chance at 22%.

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%Sep 3Sep 29Oct 18Oct 22Oct 27Yes — Sep 3: 44%Yes — Sep 11: 36%Yes — Sep 12: 40%Yes — Sep 13: 40%Yes — Sep 28: 20%Yes — Sep 29: 20%Yes — Oct 14: 18%Yes — Oct 15: 18%Yes — Oct 16: 18%Yes — Oct 17: 22%Yes — Oct 18: 22%Yes — Oct 19: 20%Yes — Oct 20: 20%Yes — Oct 21: 18%Yes — Oct 22: 28%Yes — Oct 23: 22%Yes — Oct 24: 20%Yes — Oct 25: 20%Yes — Oct 26: 22%Yes — Oct 27: 22%22%

Every outcome we track

OutcomeOct 26TodayMove
Yes22%22%—
Full history table
DateYes
2026-10-2722%
2026-10-2622%
2026-10-2520%
2026-10-2420%
2026-10-2322%
2026-10-2228%
2026-10-2118%
2026-10-2020%
2026-10-1920%
2026-10-1822%
2026-10-1722%
2026-10-1618%
2026-10-1518%
2026-10-1418%
2026-09-2920%
2026-09-2820%
2026-09-1340%
2026-09-1240%
2026-09-1136%
2026-09-0344%

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 there be no change in Fed interest rates after the December 2026 meeting — what were the odds?
As of the last morning we tracked it, October 27, 2026, the market-consensus chance was 22%. That is the aggregated judgment of traders with money at stake, reported by The Morning Line — not our own prediction.
Will there be no change in Fed interest rates after the December 2026 meeting — did the odds go up or down?
Down. Over the 20 days we tracked this question, the odds moved from 44% on September 3, 2026 to 22% on October 27, 2026 — a change of 22 points.
Will there be no change in Fed interest rates after the December 2026 meeting — what were the highest and lowest odds?
Over 20 tracked days the odds ranged between 18% and 44%. The final reading of 22% sits inside that range.

About this question

The Morning Line has reported the market-consensus odds on “Will there be no change in Fed interest rates after the December 2026 meeting” for 20 days, since September 3, 2026. As of October 27, 2026, market-consensus odds sit at 22%. The final tracked chance for a yes has fallen from 44% to 22%, ranging between 18% and 44% across that stretch. These are reported probabilities, not our own predictions. The question left the market on October 27, 2026, and this page is now a permanent record.

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