The Morning Line

Will there be no change in Fed interest rates after the January 2027 meeting?

Economy · tracked since October 1, 2026 · last updated 3:00 PM ET

78%

Today’s odds

As of November 4, 2026, market-consensus odds put the chance at 78%.

▲ 9 since the previous update. ▲ 21 over the last 7 days. Probabilities are market-consensus forecasts, not predictions.

How the odds have moved

0%25%50%75%100%Oct 1Oct 3Oct 14Nov 1Nov 4Yes — Oct 1: 54%Yes — Oct 2: 64%Yes — Oct 3: 64%Yes — Oct 4: 64%Yes — Oct 14: 56%Yes — Oct 15: 57%Yes — Nov 1: 72%Yes — Nov 2: 70%Yes — Nov 4: 78%78%

Every outcome we track

OutcomeNov 2TodayMove
Yes70%78%▲ 9
Full history table
DateYes
2026-11-0478%
2026-11-0270%
2026-11-0172%
2026-10-1557%
2026-10-1456%
2026-10-0464%
2026-10-0364%
2026-10-0264%
2026-10-0154%

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 there be no change in Fed interest rates after the January 2027 meeting — what are the odds?
As of November 4, 2026, the market-consensus chance is 78%. That is the aggregated judgment of traders with money at stake, reported by The Morning Line — not our own prediction.
Will there be no change in Fed interest rates after the January 2027 meeting — have the odds gone up or down?
Up. Over the 9 days we tracked this question, the odds moved from 54% on October 1, 2026 to 78% on November 4, 2026 — a change of 24 points.
Will there be no change in Fed interest rates after the January 2027 meeting — what are the highest and lowest odds?
Over 9 tracked days the odds ranged between 54% and 78%. The current reading of 78% sits at the top of that range.

About this question

The Morning Line has reported the market-consensus odds on “Will there be no change in Fed interest rates after the January 2027 meeting” for 9 days, since October 1, 2026. As of November 4, 2026, market-consensus odds sit at 78%. The chance for a yes has risen from 54% to 78%, ranging between 54% and 78% 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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