Markets bet on whether core inflation in 2025 will be above, below, or between 3.1% to 3.5%

Kalshi has reported 5,170 in volume over the last 24 hours on their market for “Will ** coreinflation** in 2025 be above_below_between ?”, making it one of the hottest markets on the platform today.

The market currently is implying a 55% chance for "3.1% to 3.5%", which is neutral from yesterday, when the market implied a 55% probability.

If the 12-month percent change in the Consumer Price Index for All Urban Consumers: All Items less food and energy is between 3.1% to 3.5% in 2025 according to the Bureau of Labor Statistics, then the market resolves to Yes.

In total, this market has seen a volume of 30,336 transactions since it was first opened on December 21, 2024. There are 28,145 positions of open interest in this market, and the overall liquidity is sitting at 37,535,764 contracts.

Based on Quiver’s tracking, here are 10 of the finance and politics markets that have had the most volume on Kalshi over the last 24 hours:

• Will the Federal Reserve Hike rates by 0bps at their September 2025 meeting? (24h volume: 202583)
• Who will IPO in 2025? (24h volume: 83112)
• Powell leaves before 2025? (24h volume: 77528)
• Who will win the first round of the Bolivian presidential election? (24h volume: 68022)
• Who will win the Bolivian presidential election? (24h volume: 49070)
• Will J.B. Pritzker be the nominee for the Presidency for the Democratic party? (24h volume: 26200)
• Will a representative of the Andrew Cuomo party win the NYC Mayor race in 2025? (24h volume: 26054)
• Who will win Bolivia's Presidential Runoff? (24h volume: 24397)
• Will the rate of CPI inflation be above 2.7% for the year ending in August 2025? (24h volume: 24270)
• Will average **gas prices** be above $3.15? (24h volume: 20749)