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Fed economists say Kalshi rivals or beats professional forecasts on key economic data and could become a new Bloomberg for macro, Webull reports
- Fed economists say Kalshi rivals or beats professional forecasts on key economic data and could become a new Bloomberg for macro, Webull reports — Webull reports a working paper by Fed economists with researchers at Northwestern and Johns Hopkins found Kalshi delivered a statistically significant improvement over Bloomberg consensus on headline CPI and ran neck-and-neck on core CPI and unemployment. The paper says Kalshi rate predictions had a perfect track record on the day before each FOMC meeting since 2022. (Webull)
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