All Bets

Inflation by end of June 2021?

Inflation by end of June 2021?
Category:
Economy
By
dogiv
Share

Description

Economists have warned that Biden's $1.9 trillion stimulus package could boost inflation as well as the economy. Fed chair Jerome Powell disagrees, saying inflation likely will not stay above 2% (https://news.yahoo.com/fed-chair-powell-predicts-inflation-141802205.html).

The Core Personal Consumption Expenditure index (the Fed's preferred measure of inflation) for January 2021 sat at 114.675, up 1.53% from a year prior. Where will it be in June 2021?

Decision Logic

Resolution will be based on Core PCE data from the St. Louis Fed for June 2021:
https://fred.stlouisfed.org/series/PCEPILFE

If it falls exactly on the boundary, it will go in the higher category (e.g. if it is 115.000, the resolution will be 115-115.5).

539
CLOSING IN2021-08-03 04:00:00

10:01PM, Mar 10, 2021 UTC

4:00AM, Aug 3, 2021 UTC

2:19PM, Aug 4, 2021 UTC

Early Outcome

RESOLVED AT 2:47AM, Aug 6, 2021 UTC

Total Volume: 0.0010

This bet has been resolved!

The outcome was "116.5 or higher (above 2.97%)"

0.001 was split between 1 bettors.
Less than 115 (1.64% y/y)
Volume:0.0001
0.001447
# of Bets:1
115 to 115.5 (up to 2.08% y/y)
Volume:0.0002
0.002894
# of Bets:1
115.5 to 116 (up to 2.52% y/y)
Volume:0.0003
0.0043235
# of Bets:2
116 to 116.5 (up to 2.97% y/y)
Volume:0.0003
0.0043235
# of Bets:2
116.5 or higher (above 2.97%)
Volume:0.0001
0.001447
# of Bets:1

Discussion

Login or Sign Up to comment.

AHamilton 8:35AM, Mar 12, 2021 UTC
This is a cool market. However, it would be nice if you had seeded the market with a bit more cash.

Direct Link (click to highlight):

BBCode (forums):

Anonymous Bet - care to Login or Sign Up?

Placing bet on ""

Send winnings to:


*For use with standalone wallets (bitcoin-qt, electrum).
Shared wallets (exchanges, multifactor) will not work!

Proceed

Send your bet to this address:

1EbocQk64Kh3bXVEebPcsCtcJoB2mRwNhk

* Minimum bet is 0.0001 BTC

Your bet will be automatically entered when picked up - no confirmations needed!

Done