The Morning Line

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

Economy · tracked since July 11, 2026 · no longer updating — this question left the market on July 29, 2026

74%

Final tracked odds

As of July 29, 2026, market-consensus odds put the chance at 74%.

▼ 5 since the previous update. ▼ 4 over the last 7 days. Probabilities are market-consensus forecasts, not predictions.

How the odds have moved

0%25%50%75%100%Jul 11Jul 15Jul 20Jul 25Jul 29Yes — Jul 11: 78%Yes — Jul 12: 80%Yes — Jul 13: 64%Yes — Jul 14: 90%Yes — Jul 15: 95%Yes — Jul 16: 96%Yes — Jul 17: 95%Yes — Jul 18: 95%Yes — Jul 19: 95%Yes — Jul 20: 92%Yes — Jul 21: 88%Yes — Jul 22: 78%Yes — Jul 23: 74%Yes — Jul 24: 73%Yes — Jul 25: 78%Yes — Jul 26: 83%Yes — Jul 27: 73%Yes — Jul 28: 79%Yes — Jul 29: 74%74%

Every outcome we track

OutcomeJul 28TodayMove
Yes79%74%▼ 5
Full history table
DateYes
2026-07-2974%
2026-07-2879%
2026-07-2773%
2026-07-2683%
2026-07-2578%
2026-07-2473%
2026-07-2374%
2026-07-2278%
2026-07-2188%
2026-07-2092%
2026-07-1995%
2026-07-1895%
2026-07-1795%
2026-07-1696%
2026-07-1595%
2026-07-1490%
2026-07-1364%
2026-07-1280%
2026-07-1178%

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 July 2026 meeting — what were the odds?
As of the last morning we tracked it, July 29, 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 there be no change in Fed interest rates after the July 2026 meeting — did the odds go up or down?
Down. Over the 19 days we tracked this question, the odds moved from 78% on July 11, 2026 to 74% on July 29, 2026 — a change of 4 points.
Will there be no change in Fed interest rates after the July 2026 meeting — what were the highest and lowest odds?
Over 19 tracked days the odds ranged between 64% and 96%. The final reading of 74% 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 July 2026 meeting” for 19 days, since July 11, 2026. As of July 29, 2026, market-consensus odds sit at 74%. The final tracked chance for a yes has fallen from 78% to 74%, ranging between 64% and 96% 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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