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Markets bet on whether the U.S. economy will experience stagflation by the end of 2025

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Kalshi has reported 7,004 in volume over the last 24 hours on their market for “State of the economy at the end of 2025?”, making it one of the hottest markets on the platform today.

The market currently is implying a 4% chance for "Stagflation", which is neutral from yesterday, when the market implied a 4% probability.

If the BLS reports that the unemployment rate is At least 6% and inflation (measured as percent change from year ago) is at least 5% in Dec 2025, then the market resolves to Yes.

In total, this market has seen a volume of 30,477 transactions since it was first opened on May 13, 2025. There are 21,697 positions of open interest in this market, and the overall liquidity is sitting at 1,504,112 contracts.

Based on Quiver’s tracking, here are 10 of the finance and politics markets that have had the most volume on Kalshi over the last 24 hours:

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