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Prediction Markets101

Economic prediction markets: Fed decisions, CPI prints, and recessions

Kalshi's native category — Fed rate decisions, CPI numbers, unemployment prints, recession calls. How these markets work and what they signal.

Prediction Markets 101 editorial team Updated April 17, 2026

Why Kalshi dominates economics

Kalshi was founded around economic event contracts and has the deepest coverage of Fed decisions, CPI prints, jobs numbers, and other macro data releases. Polymarket covers economic markets but with thinner books for non-headline topics.

Useful for hedging

Economic prediction markets let portfolio managers hedge specific macro risks at fixed cost. Example: a portfolio short duration could buy a Kalshi contract on "Will the Fed cut rates in March?" as a cheap insurance against a dovish surprise.

Signal value

Markets often lead consensus forecasts. Kalshi's Fed rate markets have out-predicted economist surveys in multiple cycles.