KalshiMacro / FedDevelopingUpdated 6m ago

Will the rate of CPI inflation be above 3.3% for the year ending in November 2026?

As of Oct 19, 2026, 1:00 AM ET, Kalshi priced this market at 97.0% (up from 95.5% 24 hours earlier). It had $95.2 traded in the past 24 hours, $3.8K of order-book liquidity and a bid-ask spread of 2.0 pts. probcast.co rates the support behind this price as moderate.

Market probability
97.0%
+1.5 percentage points
over 24 hours95.5% → 97.0%

Thin market where small orders can move the price; the price has held steady over 24 hours.

Price historyKalshi

Source: Kalshi price history

How credible was the move?

Methodology →

Move validity

Moderate

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

$3.8K

Bid-ask spread

2.0 pts

24h volume

$95.2

cash traded · $1.3K notional on Kalshi

Open interest

$3.8K

The visible order book runs out before the price would rise 5 pts — little resting money above the current price.

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 3.3% in the twelve months ending November 2026 (as represented by the one-decimal place value reported by the Bureau of Labor Statistics), 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 3.3% in the twelve months ending November 2026 (as represented by the one-decimal place value reported by the Bureau of Labor Statistics), then the market resolves to Yes.

Resolution source: If the Consumer Price Index (CPI) increases by more than 3.3% in the twelve months ending …

What could move this market next?

  • The market's deadline arrivesDecember 10, 2026 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 19, 1:06 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 ±20 pts.

Thin marketLegacy movement classifier: watch

What's happening

medium classifier confidence
Thin market

Thin book and/or wide spread. Small orders can move this price disproportionately, so any single print is noisy and easily overread.

  • Book runs out before absorbing a 5-pt move (fragile depth)

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

More details — reliability score, dynamics, durability
Reliability score
14Low
Where the price path tends to go next596 observed
  • Illiquid / quiet99%

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

DurabilityHigh· half-life ~37h
PredictabilityStable

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+1.524H+1.57D+1.5

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