Kalshi, a prediction market platform, claims its markets outperform Wall Street in forecasting inflation. According to Kalshi, its platform aggregates information from a diverse range of traders who have financial incentives, creating a "wisdom of the crowd" effect. The platform suggests that this aggregation of diverse opinions and incentives leads to more accurate predictions compared to traditional financial institutions. The report highlights the potential of prediction markets in forecasting economic indicators.

Kalshi, a prediction market platform, claims its markets outperform Wall Street in forecasting inflation. According to Kalshi, its platform aggregates information from a diverse range of traders who have financial incentives, creating a "wisdom of the crowd" effect. The platform suggests that this aggregation of diverse opinions and incentives leads to more accurate predictions compared to traditional financial institutions. The report highlights the potential of prediction markets in forecasting economic indicators.