The Morning Line

Will there be no change in Fed interest rates after the July 2026 meeting?

Economy · tracked since July 11, 2026 · last updated 5:01 AM ET

79%

Today’s odds

As of July 29, 2026, market-consensus odds put the chance at 79%.

Unchanged 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 11Jul 15Jul 20Jul 25Jul 29Yes — Jul 11: 78%Yes — Jul 12: 80%Yes — Jul 13: 64%Yes — Jul 14: 90%Yes — Jul 15: 95%Yes — Jul 16: 96%Yes — Jul 17: 95%Yes — Jul 18: 95%Yes — Jul 19: 95%Yes — Jul 20: 92%Yes — Jul 21: 88%Yes — Jul 22: 78%Yes — Jul 23: 74%Yes — Jul 24: 73%Yes — Jul 25: 78%Yes — Jul 26: 83%Yes — Jul 27: 73%Yes — Jul 28: 79%Yes — Jul 29: 79%79%

Every outcome we track

OutcomeJul 28TodayMove
Yes79%79%
Full history table
DateYes
2026-07-2979%
2026-07-2879%
2026-07-2773%
2026-07-2683%
2026-07-2578%
2026-07-2473%
2026-07-2374%
2026-07-2278%
2026-07-2188%
2026-07-2092%
2026-07-1995%
2026-07-1895%
2026-07-1795%
2026-07-1696%
2026-07-1595%
2026-07-1490%
2026-07-1364%
2026-07-1280%
2026-07-1178%

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 July 2026 meeting — what are the odds?
As of July 29, 2026, the market-consensus chance is 79%. 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 July 2026 meeting — how much have the odds move?
Barely. Across 19 tracked days the odds held near 78%, ending at 79% on July 29, 2026 — a question the market has not changed its mind about.
Will there be no change in Fed interest rates after the July 2026 meeting — what are the highest and lowest odds?
Over 19 tracked days the odds ranged between 64% and 96%. The current reading of 79% sits inside 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 July 2026 meeting” for 19 days, since July 11, 2026. As of July 29, 2026, market-consensus odds sit at 79%. The chance for a yes has held near 78%, ranging between 64% and 96% 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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