The Morning Line

Will the Federal Reserve hike rates by December 31, 2026?

Economy · tracked since September 17, 2026 · no longer updating — this question left the market on September 28, 2026

91%

Final tracked odds

As of September 28, 2026, market-consensus odds put the chance at 91%.

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

How the odds have moved

0%25%50%75%100%Sep 17Sep 19Sep 20Sep 21Sep 28Before 2027 — Sep 17: 80%Before 2027 — Sep 18: 84%Before 2027 — Sep 19: 86%Before 2027 — Sep 20: 86%Before 2027 — Sep 21: 86%Before 2027 — Sep 22: 88%Before 2027 — Sep 28: 91%91%

Every outcome we track

OutcomeSep 22TodayMove
Before 202788%91%▲ 4
Full history table
DateBefore 2027
2026-09-2891%
2026-09-2288%
2026-09-2186%
2026-09-2086%
2026-09-1986%
2026-09-1884%
2026-09-1780%

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 Federal Reserve hike rates by December 31, 2026 — what were the odds?
As of the last morning we tracked it, September 28, 2026, the market-consensus chance was 91%. That is the aggregated judgment of traders with money at stake, reported by The Morning Line — not our own prediction.
Will the Federal Reserve hike rates by December 31, 2026 — did the odds go up or down?
Up. Over the 7 days we tracked this question, the odds moved from 80% on September 17, 2026 to 91% on September 28, 2026 — a change of 11 points.
Will the Federal Reserve hike rates by December 31, 2026 — what were the highest and lowest odds?
Over 7 tracked days the odds ranged between 80% and 91%. The final reading of 91% sits at the top of that range.

About this question

The Morning Line has reported the market-consensus odds on “Will the Federal Reserve hike rates by December 31, 2026” for 7 days, since September 17, 2026. As of September 28, 2026, market-consensus odds sit at 91%. The final tracked chance for a yes has risen from 80% to 91%, ranging between 80% and 91% across that stretch. These are reported probabilities, not our own predictions. The question left the market on September 28, 2026, and this page is now a permanent record.

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