The Morning Line

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

Economy · tracked since July 12, 2026 · last updated 5:00 AM ET

33%

Today’s odds

As of August 27, 2026, market-consensus odds put the chance at 33%.

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

How the odds have moved

0%25%50%75%100%Jul 12Aug 10Aug 15Aug 21Aug 27Yes — Jul 12: 46%Yes — Jul 29: 68%Yes — Jul 30: 52%Yes — Jul 31: 56%Yes — Aug 3: 58%Yes — Aug 9: 36%Yes — Aug 10: 34%Yes — Aug 11: 44%Yes — Aug 12: 34%Yes — Aug 13: 27%Yes — Aug 14: 24%Yes — Aug 15: 23%Yes — Aug 16: 23%Yes — Aug 17: 24%Yes — Aug 19: 28%Yes — Aug 20: 26%Yes — Aug 21: 30%Yes — Aug 22: 34%Yes — Aug 23: 32%Yes — Aug 24: 31%Yes — Aug 25: 34%Yes — Aug 26: 35%Yes — Aug 27: 33%33%

Every outcome we track

OutcomeAug 26TodayMove
Yes35%33%▼ 2
Full history table
DateYes
2026-08-2733%
2026-08-2635%
2026-08-2534%
2026-08-2431%
2026-08-2332%
2026-08-2234%
2026-08-2130%
2026-08-2026%
2026-08-1928%
2026-08-1724%
2026-08-1623%
2026-08-1523%
2026-08-1424%
2026-08-1327%
2026-08-1234%
2026-08-1144%
2026-08-1034%
2026-08-0936%
2026-08-0358%
2026-07-3156%
2026-07-3052%
2026-07-2968%
2026-07-1246%

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 (Jun–Jul–Sep) — what are the odds?
As of August 27, 2026, the market-consensus chance is 33%. 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 (Jun–Jul–Sep) — have the odds gone up or down?
Down. Over the 23 days we tracked this question, the odds moved from 46% on July 12, 2026 to 33% on August 27, 2026 — a change of 13 points.
Will the Fed decide differently in the next three decisions (Jun–Jul–Sep) — what are the highest and lowest odds?
Over 23 tracked days the odds ranged between 23% and 68%. The current reading of 33% 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 (Jun–Jul–Sep)” for 23 days, since July 12, 2026. As of August 27, 2026, market-consensus odds sit at 33%. The chance for a yes has fallen from 46% to 33%, ranging between 23% and 68% 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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