The Morning Line

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

Economy · tracked since July 9, 2026 · last updated 5:01 AM ET

54%

Today’s odds

As of August 6, 2026, market-consensus odds put the chance at 54%.

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

How the odds have moved

0%25%50%75%100%Jul 9Jul 11Aug 1Aug 4Aug 6Yes — Jul 9: 55%Yes — Jul 10: 55%Yes — Jul 11: 55%Yes — Jul 12: 55%Yes — Aug 1: 38%Yes — Aug 2: 40%Yes — Aug 3: 42%Yes — Aug 4: 49%Yes — Aug 5: 51%Yes — Aug 6: 54%54%

Every outcome we track

OutcomeAug 5TodayMove
Yes51%54%▲ 3
Full history table
DateYes
2026-08-0654%
2026-08-0551%
2026-08-0449%
2026-08-0342%
2026-08-0240%
2026-08-0138%
2026-07-1255%
2026-07-1155%
2026-07-1055%
2026-07-0955%

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 Pause–Pause–Pause in the next three decisions (Jun–Jul–Sep) — what are the odds?
As of August 6, 2026, the market-consensus chance is 54%. That is the aggregated judgment of traders with money at stake, reported by The Morning Line — not our own prediction.
Will the Fed Pause–Pause–Pause in the next three decisions (Jun–Jul–Sep) — how much have the odds move?
Barely. Across 10 tracked days the odds held near 55%, ending at 54% on August 6, 2026 — a question the market has not changed its mind about.
Will the Fed Pause–Pause–Pause in the next three decisions (Jun–Jul–Sep) — what are the highest and lowest odds?
Over 10 tracked days the odds ranged between 38% and 55%. The current reading of 54% sits inside that range.

About this question

The Morning Line has reported the market-consensus odds on “Will the Fed Pause–Pause–Pause in the next three decisions (Jun–Jul–Sep)” for 10 days, since July 9, 2026. As of August 6, 2026, market-consensus odds sit at 54%. The chance for a yes has fallen from 55% to 54%, ranging between 38% and 55% 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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