Traders believe inflation could near 5% this year
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Prices in April rose at their fastest pace since May 2023. Traders on prediction market platforms think the peak in inflation isn't here yet. While the headline annual inflation rate rose 3.8% last month, traders on Kalshi think it is near certain that price increases will rise above 4% in 2026, and give almost two-in-three odds that it goes above 4.5%. Traders also see an almost 40% chance that inflation will cross 5% this year. That hasn't happened since February 2023. That's significantly
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