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Prediction markets point to tamer inflation in the upcoming CPI
Kalshi odds suggest there is little chance the July CPI reading will come in above economists' consensus.
CNBC Markets highlights how prediction markets are positioning for the next CPI release, with odds on Kalshi indicating inflation is expected to be tamer.
According to the platform's setup, the market view is that the July CPI result is unlikely to exceed economists' consensus expectations.
The framing from CNBC Markets centers on whether the data will confirm that cooling trend ahead of the policy debate that typically follows CPI prints.