Federal Reserve researchers argue Kalshi prediction market can more accurately gauge macroeconomic expectations in real time across the United States

[»] Jump to Summary... Three economists at the Federal Reserve Board are making waves by suggesting that a prediction market platform called Kalshi could offer a sharper, more immediate read on the U.S. economy than traditional tools like surveys or financial derivatives. Their paper, Kalshi and the Rise of Macro Markets, was released on February

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