TOTAL VOLUME:
$154.4b
24H VOL:
$235,918,089
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,884,820,873
413,109
Markets across
40,428
events
MATCHED EVENTS:
4,364
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 14, 8:25 AM EST
Kalshi
This market tracks whether the year-over-year core inflation rate – excluding food and energy – in the United States will exceed 2.1% as of September 2026, as measured by the Consumer Price Index for All Urban Consumers. Currently, the “Yes” outcome, representing a rate above 2.1%, is trading at 99.0% on Kalshi. The resolution source for this market is the Bureau of Labor Statistics’ reported CPI data. Traders should watch the release of the September 2026 CPI data, scheduled for publication by October 14, 2026, as this will determine the final inflation rate and resolve the market.
Resolution is determined by the year-over-year Consumer Price Index for All Urban Consumers: All Items less Food and Energy in September 2026, as reported by the Bureau of Labor Statistics to one decimal place. Each outcome resolves to Yes if core inflation exceeds its specified threshold. In the event of a federal government shutdown delaying data release, the market's expiration date will be extended to the sooner of the data release or six months after the shutdown ends.
On Kalshi, this market is priced using a continuous double auction. Traders buy and sell contracts representing different core CPI inflation rates for September 2026. The price of each contract reflects the market’s assessment of the probability of that specific inflation rate occurring. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The more traders believe a particular rate is likely, the higher the price of its corresponding contract will be. This dynamic pricing mechanism allows the market to aggregate information from a diverse range of participants.
This market resolves around Oct 14, 2026, with the outcome confirmed once the official core CPI inflation rate for September 2026 is verifiable from credible public reporting. The US Bureau of Labor Statistics (BLS) releases this data, and the market will settle based on their reported year-over-year percentage change in the Consumer Price Index for all items less food and energy (Core CPI). Traders will be looking closely at economic indicators leading up to that date to refine their predictions.
Numerous economic signals could significantly impact this market. Key indicators include monthly CPI and Personal Consumption Expenditures (PCE) reports, employment data (especially wage growth), and Federal Reserve policy announcements. Unexpected shifts in energy prices or supply chain disruptions could also play a role. Geopolitical events and changes in global economic conditions can also influence inflation expectations. Any news that alters perceptions of the strength of the US economy or the Federal Reserve’s commitment to its inflation target could cause substantial movement in this market.