ManifoldMacro / FedUpdated 9m ago

Will US inflation be 3% or more in 2027?

As of Oct 4, 2026, 12:20 AM ET, Manifold priced this market at 54.5% (down from 55.0% 24 hours earlier). It had Ṁ450 traded in the past 24 hours and Ṁ1K of order-book liquidity. probcast.co rates the support behind this price as moderate.

Market probability
54.5%
−0.5 percentage points
over 24 hours55.0% → 54.5%
453 days until the event deadline
Deadline: December 31, 2027 at 6:59 PM ET

A repricing with partial backing — read the new probability with some caution.

The pricing has partial support: moderate trading volume.

How credible was the move?

Three separate questions — a move can be genuine while the latest price is still settling. Methodology →

Move validity

Is the move backed by real trading and depth?

Moderate

The pricing has partial support: moderate trading volume.

Consensus stability

Has the market settled at the new probability?

Stable

The probability has held near its current level over the past several hours.

Contract clarity

Will the rules resolve without ambiguity?

High

The resolution rules are relatively specific, with a named source and a defined deadline.

Recent trade activity$3.8K traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

This market resolves YES if the annual Consumer Price Index (CPI) inflation rate for the United States is 3% or higher for the calendar year 2027 (Dec 2027 price level compared to Dec 2026). The resolution will be based on the 12-month headline CPI inflation rate published by the U.S.

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

This market resolves YES if the annual Consumer Price Index (CPI) inflation rate for the United States is 3% or higher for the calendar year 2027 (Dec 2027 price level compared to Dec 2026). The resolution will be based on the 12-month headline CPI inflation rate published by the U.S. Bureau of Labor Statistics (BLS) at https://www.bls.gov/news.release/cpi.nr0.htm. Goes by the headline figure, typically rounded to 1 decimal. I will use most suitable replacement if BLS stops publishing this statistic or if it is widely treated as unreliable measure of inflation. I will bet in this market. If we hit ambiguity around reliability will agree with a group of representative YES and NO holders. [link preview]

What could move this market next?

  • The market's deadline arrivesDecember 31, 2027 at 6:59 PM ET

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

Derived from the contract's own mechanics as of Oct 4, 12:29 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 ±15 pts.

Thin marketLegacy movement classifier: watch

What's happening

low 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.

  • Thin book and/or wide spread.

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
17Low
Where the price path tends to go next1112 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 ~1w
PredictabilityStable

Secondary read: leaning toward Stale price.

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.

Market data

24h volume

Ṁ450

Liquidity

Ṁ1K

Total volume

Ṁ3K

Category
Macro / Fed
Venue
Manifold
Open interest
—
Current probability
54.5%
7-day range
54.5% – 55.0%
Resolves
Dec 31, 2027
Change (pts)1H0.06H0.024H-0.57D-0.5

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