What are the odds of "Will CPI rise more than -0.4% in July 2026?"?

The live Kalshi market currently prices this at 99%, meaning traders collectively imply about a 99% chance of YES. Prices move continuously as new information arrives.

Where does this number come from?

It's the live price of the Kalshi event contract, which trades between 1 and 99 cents. A price of 60 cents implies a 60% chance. ContractTax reads the public market price and adds price history and context.

Live odds / Economics

Will CPI rise more than -0.4% in July 2026?

Above -0.4%

99%

implied chance of YES▲ 2 today

Price history builds as our scanner records this market. Check back soon for the path.

This is a live Kalshi event contract. The price, 99 cents, is the market’s implied probability of YES. Whether that number is well-calibrated is its own question: our Truth Machine measures how often markets at each price level actually settle YES. Confirm live prices on Kalshi before trading.

What history says about this price

Across our settled record, markets priced near 90–99¢ have gone on to settle YES 80% of the time (n=100). The price implies 99%, so historically this band has come in about 19 points lower than the sticker. That is history, not a forecast for this specific market. See the Truth Machine for the full curve.

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Odds reflect the live Kalshi market and move continuously. Educational only, not financial advice. Not affiliated with Kalshi.