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Traders see inflation peaking in 2023, with moderate rise expected in September CPI.

Market News
12 Oct 2026
CNBC
View Source
Neutral
Traders see inflation peaking in 2023, with moderate rise expected in September CPI.

Traders on Kalshi predict that inflation likely peaked in 2023, expecting the September Consumer Price Index (CPI) to rise 3.6% year-over-year, slightly above August's 3.4%. Despite this increase, there's less than a one-in-three chance inflation will hit new highs in 2026. Core inflation is expected to stay steady at 2.4%, with a low chance it will fall below 2.2% this year, indicating persistent inflation pressures through 2026. These expectations reflect cautious optimism about inflation stabilizing but remaining elevated for some time.

Inflation outlook for 2026 as of Oct 12, 2026 22:21 WIB shows cautious expectations of a peak in 2023 with persistent pressures. For readers following the US stock market on Pluang, here is the market snapshot: out of 150 priced US stocks, 71 rose and 79 fell today. Notable movers include PLUG (Plug Power Inc) at USD 1.59 with a -5.06% change, HPE (Hewlett Packard Enterprise Co) at USD 69.75 with a -5.05% change, and SPCE (Virgin Galactic Holdings, Inc.) at USD 2.70 with a -4.93% change, with PLUG showing the most significant decline.

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