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 the rate of CPI inflation be above 4.1% for the year ending in November 2026?

Above 4.1%

4%

implied chance of YES▼ 25 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, 4 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.

Priced about right

KALSHI CHARGES

24¢

MARKETS LIKE THIS SETTLED AT

25¢

Contracts like this one have settled YES 25.2% of the time against a 24c price, which is close enough to fair that the 2c fee eats whatever is left. Based on 2,755 settled markets across all categories in the 20-29c band (we do not yet hold enough economics history to price this by category, so this is the market-wide curve and is weaker evidence).

This is what this kind of contract has been worth, not a forecast for this one: a band average does not know what is happening in the news. See the Fair Value Board for every market scored this way, or the economics curve it came from.

What history says about this price

Across our settled record, markets priced near 0–9¢ have gone on to settle YES 6% of the time (n=1,791). That is history, not a forecast for this specific market. See the Truth Machine for the full curve.

See the full field for this event →

More live Economics markets

Will the upper bound of the federal funds rate be above 4.00% following the Fed's Dec 8, 297%Will the WTI crude oil settlement price be above 93.49 USD/Bbl on Sep 28, 2026?96%Will the WTI crude oil settlement price be above 93.99 USD/Bbl on Sep 28, 2026?94%Will the rate of CPI inflation be above 3.8% for the year ending in December 2026?13%Will the WTI crude oil settlement price be above 94.99 USD/Bbl on Sep 28, 2026?73%

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