Final tracked odds
As of September 27, 2026, market-consensus odds put the chance at 2%.
Unchanged since the previous update. ▼ 5 over the last 7 days. Probabilities are market-consensus forecasts, not predictions.
Will the Fed decrease interest rates by 25 bps after the December 2026 meeting?
Economy · tracked since August 28, 2026 · no longer updating — this question left the market on September 27, 2026
2%
How the odds have moved
Every outcome we track
| Outcome | Sep 26 | Today | Move |
|---|---|---|---|
| Yes | 2% | 2% | — |
Full history table
| Date | Yes |
|---|---|
| 2026-09-27 | 2% |
| 2026-09-26 | 2% |
| 2026-09-25 | 1.4% |
| 2026-09-24 | 1.4% |
| 2026-09-23 | 1.2% |
| 2026-09-07 | 7% |
| 2026-09-06 | 7% |
| 2026-09-05 | 6% |
| 2026-09-04 | 5% |
| 2026-08-30 | 5% |
| 2026-08-29 | 5% |
| 2026-08-28 | 5% |
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 decrease interest rates by 25 bps after the December 2026 meeting — what were the odds?
- As of the last morning we tracked it, September 27, 2026, the market-consensus chance was 2%. That is the aggregated judgment of traders with money at stake, reported by The Morning Line — not our own prediction.
- Will the Fed decrease interest rates by 25 bps after the December 2026 meeting — did the odds go up or down?
- Down. Over the 12 days we tracked this question, the odds moved from 5% on August 28, 2026 to 2% on September 27, 2026 — a change of 3 points.
- Will the Fed decrease interest rates by 25 bps after the December 2026 meeting — what were the highest and lowest odds?
- Over 12 tracked days the odds ranged between 1.2% and 7%. The final reading of 2% sits at the bottom of that range.
About this question
The Morning Line has reported the market-consensus odds on “Will the Fed decrease interest rates by 25 bps after the December 2026 meeting” for 12 days, since August 28, 2026. As of September 27, 2026, market-consensus odds sit at 2%. The final tracked chance for a yes has fallen from 5% to 2%, ranging between 1.2% and 7% across that stretch. These are reported probabilities, not our own predictions. The question left the market on September 27, 2026, and this page is now a permanent record.