The Morning Line

Will the upper bound of the target federal funds rate be 2.0% at the end of 2026?

Everything Else · tracked since July 8, 2026 · last updated 5:00 AM ET

0.2%

Today’s odds

As of October 12, 2026, market-consensus odds put the chance at 0.2%.

Unchanged since the previous update. Probabilities are market-consensus forecasts, not predictions.

How the odds have moved

0%25%50%75%100%Jul 8Aug 3Sep 1Oct 2Oct 12Yes — Jul 8: 0.4%Yes — Oct 12: 0.2%0.2%

Every outcome we track

OutcomeOct 11TodayMove
Yes0.2%0.2%—
Full history table
DateYes
2026-10-120.2%
2026-10-110.2%
2026-10-100.2%
2026-10-090.2%
2026-10-080.2%
2026-10-070.2%
2026-10-060.2%
2026-10-050.2%
2026-10-040.2%
2026-10-030.2%
2026-10-020.2%
2026-10-010.2%
2026-09-300.2%
2026-09-290.2%
2026-09-280.3%
2026-09-250.3%
2026-09-240.3%
2026-09-230.3%
2026-09-210.3%
2026-09-010.4%
2026-08-120.4%
2026-08-110.4%
2026-08-100.4%
2026-08-090.4%
2026-08-080.4%
2026-08-070.4%
2026-08-060.4%
2026-08-050.5%
2026-08-040.4%
2026-08-030.4%
2026-08-020.4%
2026-08-010.4%
2026-07-270.4%
2026-07-230.4%
2026-07-220.4%
2026-07-210.4%
2026-07-200.4%
2026-07-130.5%
2026-07-120.5%
2026-07-080.4%

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 upper bound of the target federal funds rate be 2.0% at the end of 2026 — what are the odds?
As of October 12, 2026, the market-consensus chance is 0.2%. That is the aggregated judgment of traders with money at stake, reported by The Morning Line — not our own prediction.
Will the upper bound of the target federal funds rate be 2.0% at the end of 2026 — how much have the odds move?
Barely. Across 40 tracked days the odds held near 0.4%, ending at 0.2% on October 12, 2026 — a question the market has not changed its mind about.

About this question

The Morning Line has reported the market-consensus odds on “Will the upper bound of the target federal funds rate be 2.0% at the end of 2026” for 40 days, since July 8, 2026. As of October 12, 2026, market-consensus odds sit at 0.2%. The chance for a yes has held near 0.4% 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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