Prediction markets: Kalshi traders believe that with June energy prices falling, US inflation peaked in May
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Speculators on the prediction market platform Kalshi believe there is only a 28% chance that this year’s overall U.S. inflation rate will exceed 4.2% (that is, May’s year-on-year CPI increase). The next CPI report, which measures the inflation level for June, will be released by the U.S. Bureau of Labor Statistics (BLS) on July 14.
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