The Morning Line

Will the Fed decide differently in the next three decisions (Jul–Sep–Oct)?

Economy · tracked since July 7, 2026 · last updated 5:00 AM ET

66%

Today’s odds

As of August 3, 2026, market-consensus odds put the chance at 66%.

▼ 1 since the previous update. ▲ 28 over the last 7 days. Probabilities are market-consensus forecasts, not predictions.

How the odds have moved

0%25%50%75%100%Jul 7Jul 30Jul 31Aug 1Aug 3Yes — Jul 7: 38%Yes — Jul 8: 38%Yes — Jul 30: 63%Yes — Jul 31: 63%Yes — Aug 1: 69%Yes — Aug 2: 68%Yes — Aug 3: 66%66%

Every outcome we track

OutcomeAug 2TodayMove
Yes68%66%▼ 1
Full history table
DateYes
2026-08-0366%
2026-08-0268%
2026-08-0169%
2026-07-3163%
2026-07-3063%
2026-07-0838%
2026-07-0738%

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. Updated every morning; past values never change.

Common questions

Will the Fed decide differently in the next three decisions (Jul–Sep–Oct) — what are the odds?
As of August 3, 2026, the market-consensus chance is 66%. That is the aggregated judgment of traders with money at stake, reported by The Morning Line — not our own prediction.
Will the Fed decide differently in the next three decisions (Jul–Sep–Oct) — have the odds gone up or down?
Up. Over the 7 days we tracked this question, the odds moved from 38% on July 7, 2026 to 66% on August 3, 2026 — a change of 28 points.
Will the Fed decide differently in the next three decisions (Jul–Sep–Oct) — what are the highest and lowest odds?
Over 7 tracked days the odds ranged between 38% and 69%. The current reading of 66% sits inside that range.

About this question

The Morning Line has reported the market-consensus odds on “Will the Fed decide differently in the next three decisions (Jul–Sep–Oct)” for 7 days, since July 7, 2026. As of August 3, 2026, market-consensus odds sit at 66%. The chance for a yes has risen from 38% to 66%, ranging between 38% and 69% across that stretch. These are reported probabilities, not our own predictions. This page updates every morning with the full daily history, free to download as JSON or CSV.

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