Pope Leo XIV’s recent general audiences and actions underscore the absence of any preparations for a third Vatican council, as the pontiff continues detailed reflections on Vatican II’s documents like Sacrosanctum Concilium and advances synodality initiatives through 2028. No official announcements, bishop consultations, or structural signals have emerged in 2025–2026 to indicate an ecumenical council convening this year, supporting traders’ 91.4% “No” consensus rooted in the rarity of such gatherings and the Church’s current focus on implementing prior reforms. A sudden global crisis or abrupt papal pivot could theoretically accelerate timelines, though historical precedents show these events require years of groundwork unlikely to materialize before year-end.