SimpleFunctions
ClosedLast odds shown below are frozen at close (Sep 11, 2026). Future questions tracked on /odds.
Winner-take-all answer·5 source contracts·Kalshi 5·closed just now·Closes Sep 30, 2026 · 19d

Will headline PCE inflation for August 2026 be above 0.0%

Leader sits at 87% across 5 bound outcomes, runner-up at 85%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

87%

Above 0.0%

runner-up 85¢leader 87¢

Outcomes

5

winner-take-all

Runner-up

85¢

Above 0.1%

Spread

2pp

contested

24h volume

$0

thin orderbook

Closes

Sep 30, 2026

19 days

Venue

Kalshi

5 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayAbove 0.0%: 46% (9 days, 5 points)Above 0.0%: 46% on 2026-09-10Above 0.1%: 51% (9 days, 9 points)Above 0.1%: 51% on 2026-09-10Above 0.2%: 53% (9 days, 9 points)Above 0.2%: 53% on 2026-09-10
Above 0.0%46¢Above 0.1%51¢Above 0.2%53¢
Top 3 candidates by current price · 9d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This probability reflects market expectations that headline PCE inflation for August 2026 will show a month-over-month increase rather than stability or deflation. The contracts are tightly clustered at 70 cents for both 0.0% and 0.1% thresholds, then drop sharply below 0.2%, suggesting traders expect inflation in the range of 0.1% but view higher readings as unlikely. The main drivers are current economic momentum, Federal Reserve policy stance, and energy price movements. Market pricing indicates relatively low conviction—the 60% probability for above 0.0% is only moderately confident. The August 2026 PCE release date (scheduled for late September 2026) will provide the definitive resolution. Traders are balancing expectations of modest inflation against the possibility of a flat or slightly deflationary month-over-month reading.

  • Contract pricing shows sharp drop from 70¢ at 0.1% to 7¢ at 0.2%, indicating consensus for very low monthly inflation if above zero
  • Zero trading volume across all contracts in the past 24 hours suggests limited recent position changes or conviction updates
  • The 60-70% probability band for 0.0-0.1% inflation is consistent with recent PCE trend data and Fed expectations for moderate price growth
  • Energy price volatility and seasonal adjustments historically create month-to-month PCE swings, making predictions below 0.3% inherently uncertain
  • August 2026 PCE data release scheduled for late September 2026 will definitively settle all eight contracts simultaneously

Recently closed in recession

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

More like this

Other questions in recession.

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

Last updated on this page: just now.