KalshiMacro / FedLikely noiseUpdated 12m ago

Will CPI rise more than 0.0% in December 2026?

As of Oct 16, 2026, 3:51 AM ET, Kalshi priced this market at 77.5% (down from 80.0% 24 hours earlier). It had $408.3 traded in the past 24 hours, $409.4 of order-book liquidity and a bid-ask spread of 1.0 pts. probcast.co rates the support behind this price as weak.

Market probability
77.5%
−2.5 percentage points
over 24 hours80.0% → 77.5%
Moving fastBig move, weak backing

Thin market where small orders can move the price; we can't yet see which accounts drove today's move.

Price historyKalshi

Source: Kalshi price history

How credible was the move?

Methodology →

Move validity

Weak

Consensus stability

Forming

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

ThinTight spread

Order-book liquidity

$409.4

Bid-ask spread

1.0 pts

24h volume

$408.3

cash traded · $1.4K notional on Kalshi

Open interest

$3.4K

It would take roughly $504.4 of buying to move the price up by ~5 pts.

Little money on the book — a modest order can move this price, so treat swings with care.

Who's trading

Whose opinion is this price?

Participation data isn't captured for this market yet.

Participation data isn't captured for this market yet, so we can't say how many accounts set this price.

What this market actually measures

If the Consumer Price Index (CPI) increases by more than 0.0% in December 2026, as reported to one decimal place, then the market resolves to Yes.

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

If the Consumer Price Index (CPI) increases by more than 0.0% in December 2026, as reported to one decimal place, then the market resolves to Yes.

Resolution source: If the Consumer Price Index (CPI) increases by more than 0.0% in December 2026, as reporte…

What could move this market next?

  • The market's deadline arrivesJanuary 13, 2027 at 8:29 AM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Oct 16, 4:04 AM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±31 pts.

Reacting to newsLegacy movement classifier: noisy

What's happening

high classifier confidence
Reacting to news

The price is actively repricing on real volume. The number is still moving — don't treat the latest print as settled consensus yet.

  • Probability moved 9.0 pts in ≤6h on adequate liquidity

Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
15Low
Where the price path tends to go next432 observed
  • Illiquid / quiet98%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityMedium· half-life ~2h
PredictabilityElevated irreducibility

Secondary read: leaning toward Thin market.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Change (pts)1H0.06H-9.024H-2.57D-2.5

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