{
  "$schema": "https://clearmarket.fyi/schema/signal/v1.json",
  "record_id": "CMSIG2026073005",
  "record_slug": "core-cpi-below-2-2-in-2026-kalshi-20-2026-07-30",
  "schema_version": "v0.2.0",
  "provenance_version": "0.2.0",
  "published_at": "2026-07-30T00:00:00.000Z",
  "semantic_title": "Core CPI falling below 2.2 percent in 2026 stays a long shot",
  "telemetry": "Kalshi 20%",
  "headline": "Core CPI below 2.2% in 2026: Kalshi 20%",
  "category_tag": "MOMENTUM_REPRICING",
  "secondary_tags": [],
  "detection_path": "news_cycle",
  "pre_news_classification": "concurrent",
  "status": {
    "state": "live",
    "as_of": "2026-08-01",
    "outcome": null,
    "outcome_basis": null,
    "final_price": null,
    "resolved_at": null
  },
  "target_event_id": "CM-EVT-K0L95NMQ77",
  "target_event_slug": "kxcoreund-26dec10",
  "event_question": "Will core CPI fall below 2.2% in 2026?",
  "linked_event_ids": [],
  "primary_market": {
    "platform": "kalshi",
    "platform_market_id": "KXCOREUND-26DEC10-T2.2",
    "question_raw": "Will year-over-year Core CPI inflation for 2026 fall below 2.2%?",
    "current_price": 0.2,
    "volume_24h_usd": 50.02,
    "arbitration_model": "kalshi_staff",
    "resolution_source": "Bureau of Labor Statistics- Employment Situation",
    "resolves_at": "2026-12-17T15:00:00Z"
  },
  "related_markets": [],
  "bullets": [
    "Kalshi prices 20% on core CPI falling below 2.2% at any point in 2026.",
    "Stubbornly high inflation reported in Q2 GDP data is inconsistent with a rapid disinflation to sub-2.2% core, and the 20% price reflects that difficulty.",
    "The Fed's own hold decision with hawkish dissents suggests policymakers see no near-term path to that level either.",
    "Kalshi resolves via Bureau of Labor Statistics Employment Situation data; sub-2.2% core CPI would represent a return to pre-tariff baseline that current data does not support."
  ],
  "atomic_claims": [
    {
      "type": "news_event",
      "field_provenance": {
        "story": {
          "tier": "mediated",
          "method": "exa_search",
          "source": "pbs.org",
          "source_url": "https://www.pbs.org/newshour/economy/inflation-remaining-stubbornly-high-u-s-economy-grows-sluggish-1-5-in-2nd-quarter",
          "retrieved_at": "2026-08-01T09:54:52+00:00"
        }
      },
      "significance": {
        "threshold": 5,
        "threshold_unit": "rank",
        "passed": true,
        "reason": "surfaced in the daily Exa news-cycle scan; mechanically matched to an active kalshi market"
      },
      "story": "Q2 GDP came in at a sluggish 1.5% while inflation remained stubbornly high, with the PCE price index cooling slightly but core CPI staying elevated.",
      "publisher": "pbs.org",
      "published_at": "2026-07-30T00:00:00.000Z",
      "source_url": "https://www.pbs.org/newshour/economy/inflation-remaining-stubbornly-high-u-s-economy-grows-sluggish-1-5-in-2nd-quarter"
    },
    {
      "type": "pm_response",
      "field_provenance": {
        "notes": {
          "tier": "editorial",
          "method": "llm_judge_cm_signal_v1"
        }
      },
      "notes": "Kalshi at 20% puts long odds on deep disinflation in 2026, consistent with the Fed's own wait-and-see posture described in multiple FOMC communications."
    }
  ],
  "sources": [
    {
      "label": "pbs.org: Inflation remaining stubbornly high, U.S. economy grows sluggish 1.5%",
      "url": "https://www.pbs.org/newshour/economy/inflation-remaining-stubbornly-high-u-s-economy-grows-sluggish-1-5-in-2nd-quarter",
      "published_at": "2026-07-30T00:00:00.000Z",
      "retrieved_at": "2026-08-01T09:54:52+00:00"
    }
  ],
  "field_provenance": {
    "pm_data": "kalshi_api",
    "news_context": "exa_search",
    "editorial_judgment": "cm_signal_llm_judge"
  },
  "canonical_urls": {
    "html": "https://clearmarket.fyi/signals/core-cpi-below-2-2-in-2026-kalshi-20-2026-07-30/",
    "json": "https://clearmarket.fyi/signals/core-cpi-below-2-2-in-2026-kalshi-20-2026-07-30.json"
  },
  "license": "https://creativecommons.org/licenses/by/4.0/",
  "_provenance_registry": {
    "direct": "Unaltered extraction from primary venue/source API (e.g., polymarket_clob_api, kalshi_api, BLS, FRED). Highest trust tier.",
    "mediated": "Information fetched via grounded agentic retrieval (e.g., perplexity_grounded). MUST carry source_url to the underlying primary source.",
    "derived": "Algorithmic computation from listed inputs. Chain only as fresh as the oldest input timestamp (see as_of).",
    "editorial": "Interpretive classification produced by a versioned LLM prompt template (prompts auditable in github.com/JDSource/clearmarket/prompts)."
  },
  "_provenance_canonical": "https://clearmarket.fyi/schema/provenance/v1"
}