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Inflation peaked in May as energy prices fell in June, Kalshi traders think
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- With oil and gas prices falling in the wake of the detente between the U.S. and Iran, prediction market traders now think inflation has peaked.
- Speculators on prediction market platform Kalshi think there's only a 28% chance that headline inflation this year climbs above 4.2%, the annual rate of increase in the Consumer Price Index in May.
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With oil and gas prices falling in the wake of the detente between the U.S. and Iran, prediction market traders now think inflation has peaked.
Speculators on prediction market platform Kalshi think there's only a 28% chance that headline inflation this year climbs above 4.2%, the annual rate of increase in the Consumer Price Index in May.
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