TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: May 28, 8:25 AM EST
Kalshi
This market tracks whether the month-over-month core PCE inflation rate will exceed 0.0% in April 2026, based on the Personal Consumption Expenditures Price Index excluding food and energy. On Kalshi, the leading outcome—that core PCE inflation will be above 0.0%—stands at 99.0%. The market resolves according to the Bureau of Economic Analysis's official monthly PCE report. Watch for the BEA's release of April 2026 core PCE data on May 28, 2026, which will determine the final settlement.
Prediction market odds on Kalshi reflect real-money bets from traders and typically incorporate forward-looking expectations faster than traditional analyst surveys. While consensus economist forecasts for core PCE tend to cluster around specific point estimates, prediction markets express uncertainty as probability ranges. The current market odds suggest a high likelihood of positive core PCE growth in April 2026, which aligns with historical inflation persistence. Comparing market-implied probabilities to Federal Reserve projections and Blue Chip consensus can reveal whether traders are pricing in more or less inflation risk than official forecasters.
The market resolves on May 28, 2026, after the Bureau of Economic Analysis releases the official April 2026 core PCE inflation data. Resolution hinges on whether the month-over-month core PCE increase is above 0.0% or not. Traders should monitor the BEA's economic calendar for the exact release date and time. Once the data is published, the outcome is determined automatically, and winning shares are credited at full value while losing shares expire worthless.
Key catalysts include Federal Reserve policy decisions and interest rate changes, which influence inflation expectations and consumer spending. Labor market reports, wage growth data, and unemployment trends affect price pressures. Energy and commodity prices, particularly oil, can shift core PCE forecasts. Consumer spending reports and retail sales data reveal demand-side inflation drivers. Global supply chain developments and geopolitical events may impact goods prices. Advance estimates and preliminary PCE readings released before the final April 2026 figure will likely move odds as traders update their forecasts based on incoming economic data.