Name: Will annual inflation in the European Union be 5.9% or more in February?
Start: 2022-03-01T00:00:00Z
End: 2022-03-17T00:00:00Z

Use the internal polymarket geolocation service.

poly_geo

Improved notification preferences and types.

notifications_v2

funkit_deposit

funkit_withdraw

authenticated_book_ws

Improved in-game view for sports markets.

mobile_sports_overlay_v2

async_order_submission

Enable updates from the sports websocket.

sports_websocket

This is a market on a year-to-year inflation, as measured by the Eurostat (HICP), from February 2021 to February 2022.

This market will resolve to “Yes” if the European Union annual inflation in February 2022 is 5.9 percent or more and "No" otherwise.

The resolution source for this market will be the Eurostat, the statistical office of the European Union: https://ec.europa.eu/eurostat/web/products-euro-indicators.

The next release of HICP inflation rate with full data for February 2022 is scheduled for March 17, 2022.


Note, that this market is about the inflation for all European Union Member States, not only the Euro zone (states using €).

Inflation dashboard for the Euro zone can be viewed here: https://www.ecb.europa.eu/stats/macroeconomic_and_sectoral/hicp/html/index.en.html

Will annual inflation in the European Union be 5.9% or more in February?

This is a market about the variation of consumer prices in the Eurozone over the 12-month period ending December 2025 as reported by Eurostat.

This market will resolve according to the number the Harmonised Index of Consumer Prices (HICP) increased by over the 12-month period ending December 2025 (% change) according to the monthly Eurostat report.

The resolution source for this market will be the Eurostat Harmonised Index of Consumer Prices monthly report released for December 2025, currently scheduled to be released on January 19, 2026. Resolution of this market will take place upon release of the aforementioned data. If no data for the specified month is released by the date the next month's data is scheduled to be released, this market will resolve based on data from the last available month.

You can find this report on the Eurostat website (https://ec.europa.eu/eurostat/en/) by selecting the "Database" option from the "Data" dropdown, opening the "Data navigation tree" folder, then the "Economy and finance" folder, then the "Prices (prc)" folder, then the "Harmonised index of consumer prices (HICP) (prc_hicp)" folder, and opening the file named "HICP - monthly data (annual rate of change) (prc_hicp_manr)". The relevant figure can be found in the column for the relevant month in the row marked "Euro area - 20 countries (from 2023)".

Note: the resolution source for this market will be the official monthly Eurostat HICP news release which reports inflation change over 12-month periods to only one decimal point (e.g. 1.9%). Thus, this is the level of precision that will be used when resolving the market. For the full release schedule, see: https://ec.europa.eu/eurostat/web/main/news/release-calendar

Will the Eurozone's annual inflation increase by ≤2.0% in December?

This market will resolve to “Yes” if the Consumer Price Index (CPI) increased by greater than the listed percent over the 12 month period ending with any month in 2026 according to the monthly Bureau of Labor Statistics (BLS) reports. Otherwise, this market will resolve to "No".

The resolution source for this market will be the BLS Consumer Price Index reports released for each month of 2026 (https://www.bls.gov/bls/news-release/cpi.htm). Resolution of this market will take place upon release of the aforementioned data.

This market may not resolve to "No" until the December 2026 report is issued. Once the December 2026 report is issued, any revisions to previously released CPI figures will not be counted toward this market's resolution. If the CPI report for December 2026 is not issued by January 31, 2027, 11:59 PM ET, this market will resolve based on CPI figures which have already been made available by the BLS.

Note: the resolution source for this market will be the official monthly BLS CPI news release which reports inflation over 12 month periods to only one decimal point (e.g. 2.9%). Thus, this is the level of precision that will be used when resolving the market.

Will inflation reach more than 3% in 2026?

This market will resolve to “Yes” if the upper bound of the European Central Bank’s (ECB) deposit facility rate is increased at any point between January 1, 2026 and the conclusion of the ECB's December 2026 meeting, currently scheduled for December 16-17, 2026. Otherwise, this market will resolve to “No”.

This market may not resolve to "No" until the ECB has released its rate change decision following its December meeting. If, however, the ECB’s December meeting is cancelled, postponed after December 31, 2026, or the rate change decision for that meeting is otherwise unknown by December 31, 2026, 11:59 PM ET, and no qualifying rate increase has occurred, this market will resolve immediately to “No”.

The primary resolution source for this market will be the European Central Bank (https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html); however, a consensus of credible reporting may also be used.

ECB rate hike in 2026?

This market will resolve to “Yes” if the upper bound of the European Central Bank's deposit facility rate is decreased at any point between August 20 and December 31, 2025 ET. Otherwise, this market will resolve to “No”.

This market may not resolve to "No" until December 31, 2025, 11:59 PM ET has passed.

The primary resolution source for this market will be the official website of the European Central Bank (https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html), however a consensus of credible reporting may also be used.

ECB rate cut in 2025?

This market will resolve according to the EU GDP growth rates over the same quarter of the previous year % change, based on seasonally adjusted data, in the "GDP and employment flash estimates for the fourth quarter of 2025" flash release for Q4 of 2025, scheduled for January 30, 2026.

If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket.

The GDP release will be made available here: https://ec.europa.eu/eurostat/web/main/news/euro-indicators

If no data for the specified quarter is released by the date the next quarter's data is scheduled to be released, this market will resolve based on data from the last available quarter.

Note: data from the initial release of the referenced flash GDP report is what will be used to resolve this market. Data may be revised during the following quarter or as a part of the next estimate's publication, however any revisions to GDP report data made after the initial release of the specified report will not be considered for this market's resolution.

Will Eurozone GDP growth in Q4 2025 be between 1.0 and 1.5%?

This market will resolve to “Yes” if the upper bound of the European Central Bank’s (ECB) deposit facility rate is decreased at any point between January 1, 2026 and the conclusion of the ECB's December 2026 meeting, currently scheduled for December 16-17, 2026. Otherwise, this market will resolve to “No”.

This market may not resolve to "No" until the ECB has released its rate change decision following its December meeting. If, however, the ECB’s December meeting is cancelled, postponed after December 31, 2026, or the rate change decision for that meeting is otherwise unknown by December 31, 2026, 11:59 PM ET, and no qualifying rate decrease has occurred, this market will resolve immediately to “No”.

The primary resolution source for this market will be the European Central Bank (https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html), however a consensus of credible reporting may also be used.

ECB rate cut in 2026?

This market will resolve to "Yes" if both of the following conditions prove true at any point in 2025:

1) The "US recession in 2025?" market resolves to "Yes" (https://polymarket.com/event/us-recession-in-2025).

2) The Consumer Price Index (CPI) increases by 5.0% or more over the 12 month period ending in any month between April 2025 and December 2025 according to the US Bureau of Labor Statistics (https://www.bls.gov/bls/news-release/cpi.htm#current)

Otherwise, this market will resolve to "No".

This market will not resolve until all relevant figures are reported for the period of time encompassing December 2025.

The resolution sources for this market will be the NBER, BEA (https://www.bea.gov/data/gdp/gross-domestic-product), and BLS (https://www.bls.gov/bls/news-release/cpi.htm#current), as well as the "US recession in 2025?" market on Polymarket.

US stagflation in 2025?

This is a market about the monthly variation of consumer prices in the U.K., before seasonal adjustment, as reported by the Office for National Statistics (ONS).

This market will resolve according to the number the Consumer Price Index (CPI) changed by in December 2025 (% change) according to the monthly ONS report.

The resolution source for this market will be the ONS Consumer Price Index monthly report released for December 2025 (https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/previousreleases), currently scheduled to be released on January 21, 2026. Resolution of this market will take place upon release of the aforementioned data. If no data for the specified month is released by the date the next month's data is scheduled to be released, this market will resolve based on data from the last available month.

You can find this report by choosing the report for the relevant month from the previous releases page for price indices on the ONS website (https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/previousreleases). The relevant figure can be found in the "Consumer price inflation rates" table under the column labeled "CPI 1-month rate (%)" for the relevant month.

Note: the resolution source for this market will be the official monthly ONS CPI news release which reports monthly inflation change to only one decimal point (e.g. 1.9%). Thus, this is the level of precision that will be used when resolving the market. For the full release schedule, see: https://www.ons.gov.uk/releasecalendar

Will the U.K.'s monthly inflation be ≥0.3% in December?

The IPCA (t. Broad National Consumer Price Index) is the official inflation rate measure used by the Brazilian government, tracked by the Brazilian Institute of Geography and Statistics (IBGE). The IPCA reflects the cost of living for households across urban areas in Brazil, measuring changes in prices for a diverse set of goods and services.

This market will resolve to “Yes” if the 12-month IPCA for December 2025 is below 5.50%. Otherwise, this market will resolve to “No”.

This market will resolve according to IBGE's (https://www.ibge.gov.br/en/indicators#ipca) public release of 12 month IPCA figure for December 2025, expected in January 2026. If the publication of this figure is delayed beyond February 28, 2026 ET, this market will resolve according to the last published figure.

Because this market's resolution source reports inflation over 12 month periods to two decimal points (e.g. 4.56%), this is the level of precision that will be used when resolving the market.

Brazil’s 12-month inflation below 5.50% for December 2025?

This is a market about the variation of consumer prices over the 12-month period ending December 2025 in Canada, before seasonal adjustment, as reported by Statistics Canada.

This market will resolve according to the number the Consumer Price Index (CPI) increased by over the 12-month period ending December 2025 (% change) according to the monthly Statistics Canada report.

The resolution source for this market will be the Statistics Canada Consumer Price Index monthly report released for December 2025 (https://www.statcan.gc.ca/en/start), currently scheduled to be released on January 19, 2026. Resolution of this market will take place upon release of the aforementioned data. If no data for the specified month is released by the date the next month's data is scheduled to be released, this market will resolve based on data from the last available month.

You can find this report by clicking on the “Consumer Price Index” option under the "Key Indicators" heading on the home page of https://www.statcan.gc.ca/en/start and selecting "Table 1". The relevant figure can be found under the "% change" column for the relevant month and year compared to the same month of the previous year.

Note: the resolution source for this market will be the official monthly Statistics Canada CPI news release which reports inflation change over 12-month periods to only one decimal point (e.g. 1.9%). Thus, this is the level of precision that will be used when resolving the market. For the full release schedule, see: https://www150.statcan.gc.ca/n1/dai-quo/cal1-eng.htm?sk=3665

Will Canada's annual inflation increase by 2.2% in December?

This market will resolve to "Yes" if the Bureau of Labor Statistics fails to release any monthly report on the Consumer Price Index by 11:59PM ET on the scheduled release date between December 1, 2025 and December 31, 2026, 11:59PM ET. Otherwise, this market will resolve to "No".

If an announcement is made by the White House or the BLS that the monthly CPI release will be delayed or cancelled altogether, this market will immediately resolve to "Yes".

The resolution source for this market will be information from the BLS or a consensus of credible reporting. 

BLS delays another CPI release before 2027?

This is a market about the monthly variation of consumer prices in Canada, before seasonal adjustment, as reported by Statistics Canada.

This market will resolve according to the number the Consumer Price Index (CPI) increased in December 2025 (% change) according to the monthly Statistics Canada report.

The resolution source for this market will be the Statistics Canada Consumer Price Index monthly report released for December 2025 (https://www.statcan.gc.ca/en/start), currently scheduled to be released on January 19, 2026. Resolution of this market will take place upon release of the aforementioned data. If no data for the specified month is released by the date the next month's data is scheduled to be released, this market will resolve based on data from the last available month.

Note: the resolution source for this market will be the official monthly Statistics Canada CPI news release which reports monthly inflation change to only one decimal point (e.g. 1.9%). Thus, this is the level of precision that will be used when resolving the market. For the full release schedule, see: https://www150.statcan.gc.ca/n1/dai-quo/cal1-eng.htm?sk=3665

Will Canada's monthly inflation increase by ≤0.0% in December?

This market will resolve to “Yes” if the European Union (EU) dissolves by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

The European Union will be considered to be dissolved if any of the following conditions are met:

1) More than half of the EU member states (as of market creation) formally withdraw from the EU.

2) An official treaty or agreement is adopted between all EU member states to repeal or nullify the Treaty on European Union or the Treaty on the Functioning of the European Union.
 
3) The European Union otherwise ceases to exist as a legal entity.

EU member states will be considered to have withdrawn once they officially initiate their withdrawal and/or formally notify the European Council of their intention to withdraw, regardless of whether the withdrawal is finalized after this market’s timeframe.

The primary resolution source for this market will be official information from the European Union and EU member states; however, a consensus of credible reporting may also be used.

EU dissolves before 2027?

This market will resolve to "Yes" if the European Union officially imposes new sanctions of any form against Israel between September 2 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Sanctions could include measures like tariffs, trade restrictions, financial penalties, diplomatic expulsions, travel bans, restrictions on specific individuals, or any other actions that are commonly recognized as sanctions.

Sanctions against Israeli citizens or entities which do not directly target the Israeli state or members of the Israeli government will not qualify.

The passage of an official act authorizing sanctions on Israel within this market's timeframe will count toward a "Yes" resolution, regardless of if/when the sanctions come into effect.

Only the imposition of sanctions on Israel by the EU as an entity will qualify; if individual member states of the EU apply sanctions against Israel (e.g., France imposes novel trade restrictions on Israel unilaterally), it will not be sufficient to resolve this market to "Yes".

The primary resolution source will be official information from the European Union; however, a consensus of credible reporting may be used.

EU sanctions on Israel by December 31?

This market will resolve to "Yes" if Ursula Von der Leyen ceases to be President of the European Commission for any length of time between May 14 and December 31, 2025, 11:59 PM ET (inclusive). Otherwise, this market will resolve to "No".

If Von der Leyen departs from office before the expiry date, the market should resolve immediately.

The primary resolution source for this market will be information from the European Commission, however a consensus of credible reporting will also be used.

Von der Leyen out in 2025?

This market will resolve according to the German GDP growth rates over the same quarter of the previous year % change, based on seasonally adjusted data, in the first release of the "Gross domestic product: detailed economic performance results" press release for Q4 of 2025, expected to be released at the end of January 2026.

If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket.

The GDP release will be made available here: https://www.destatis.de/EN/Themes/Economy/National-Accounts-Domestic-Product/_node.html

If no data for the specified quarter is released by March 31, 2026, 11:59 PM CET, this market will resolve based on data from the last available quarter.

Note: the resolution source for this market reports "on the same quarter a year earlier (price adjusted)" to only one decimal point (e.g. 0.3%). Thus, this is the level of precision that will be used when resolving the market.

Note: data from the initial release of the referenced flash GDP report is what will be used to resolve this market. Data may be revised during the following quarter, or as a part of the next estimate's publication; however, any revisions to GDP report data made after the initial release of the specified report will not be considered for this market's resolution.

Will Germany GDP growth in Q4 2025 be exactly 0.3%?

This market will resolve to “Yes” if the upper bound of the target federal funds rate is increased at any point between January 1, 2026 and the Fed's December 2026 meeting, currently scheduled for December 8-9, 2026. Otherwise, this market will resolve to “No”.

This market may not resolve to "No" until the Fed has released its rate change decision following its December meeting.

The primary resolution source for this market will be the official website of the Federal Reserve (https://www.federalreserve.gov/monetarypolicy/openmarket.htm), however a consensus of credible reporting may also be used.

Fed rate hike in 2026?

This market will resolve to “Yes” if any European Union (EU) member state withdraws from the EU by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An EU member state will be considered to have withdrawn once they officially initiate their withdrawal and/or formally notify the European Council of their intention to withdraw, regardless of whether the withdrawal is finalized after this market’s timeframe.

The primary resolution source for this market will be official information from the European Union and EU member states; however, a consensus of credible reporting may also be used.

Any country withdraws from EU before 2027?

This market will resolve to “Yes” if Brazil's unemployment rate for Q4 2025 is below 6.3% when it is released. Otherwise, this market will resolve to “No”.

This market will resolve according to IBGE's (https://www.ibge.gov.br/en/indicators#desemprego) public release of the Q4 2025 figure unemployment, expected in January 2026. If the publication of this figure is delayed beyond February 28, 2026 ET, this market will resolve according to the last published figure. 

Because this market's resolution source reports quarterly unemployment to one decimal point (e.g. 4.5%), this is the level of precision that will be used when resolving the market.


Brazil unemployment below 6.3% for Q4 2025?

This market will resolve to "Yes" if the date of the next French legislative election is declared by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

For this market to resolve to "Yes" it is only necessary that the election date be declared, not that the election actually occur within the market timeframe.

The primary resolution source for this market will be official information from the government of the France, however a consensus of credible reporting will also be used.


French election called by June 30, 2026?

This market will resolve to the amount of basis points the upper bound of the deposit facility rate is changed by versus the level it was prior to the European Central Bank's (ECB) March 2026 meeting.

If the deposit facility rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 basis points and will resolve to the relevant bracket.
For example, if the deposit facility rate is increased or decreased by 12.5 basis points, it will be treated as a 25 basis point change for the purposes of resolution.

The resolution source for this market is information released by the European Central Bank after its March 19, 2026 policy meeting, as listed on the official ECB calendar:
https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official ECB interest rates page:
https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB releases its interest rate decision following the March 19, 2026 meeting.

If no interest rate decision or update is published by March 31, 20256, 11:59 PM ET, this market will resolve to the “No change” bracket.

Will the ECB announce no change at the March 2026 meeting?

The CDC reported a general fertility rate of 53.7 births per 1,000 women aged 15–44 for Q2 2025 (see: https://www.cdc.gov/nchs/nvss/vsrr/natality-dashboard.htm). 

This market will resolve to "Yes" if the initial reported rate for Q3 2025 exceeds 53.7, according to the CDC's Vital Statistics Rapid Release series. Otherwise, this market will resolve to "No". 

If the CDC does not release general fertility rate data for Q3 2025 by March 31, 2026, 11:59 PM ET, this market will resolve to "No".

Resolution will be based on the first published estimate for Q3 2025, regardless of any subsequent revisions.

The resolution source will be the CDC’s Vital Statistics Rapid Release.

US fertility rate up in Q3 2025?

This market will resolve to 'Yes' if the seasonally adjusted and annualized GDP growth rate for the full year 2025, as derived from the 'Advance Estimate' for Q4 2025, scheduled for release by the U.S. Bureau of Economic Analysis (BEA) on January 30, 2026, reports a growth rate below 0. Otherwise, this market will resolve to 'No'.

The GDP release will be available at: https://www.bea.gov/data/gdp/gross-domestic-product.

Only the first available GDP report labeled as the 'Advance Estimate' for Q4 2025, which provides the initial full-year 2025 GDP growth rate, will be used for resolution. Any subsequent revisions or updates to the data will not be considered.

Negative GDP growth in 2025?

This is a market about Argentinian inflation over the 12-month period ending December 2025, before seasonal adjustment, as reported by the National Institute of Statistics and Census (INDEC) of Argentina.

This market will resolve according to the percentage increase in Consumer Price Index (CPI / IPC) over the 12-month period ending in December 2025 (Variación % interanual Total nacional) according to the monthly INDEC report.

The resolution source for this market will be the INDEC Consumer Price Index report released for December 2025 (https://www.indec.gob.ar/), scheduled to be released in January 2026. Resolution of this market will take place upon release of the aforementioned data. If the report for December 2025 is not released by January 31, 2026, this market will resolve according to the last figure published.

You can find this report by clicking on the “Precios al consumidor” option on the home page of https://www.indec.gob.ar/, and searching the pdf for the figure under “Variación % interanual Total nacional”.

Note: the resolution source for this market will be the official monthly INDEC CPI (IPC) news release which reports inflation over 12 month periods to only one decimal point (e.g. 33.6%). Thus, this is the level of precision that will be used when resolving the market.

Will annual inflation increase by between 30% and 32.9% in December?

The European Union (EU) is considering using frozen Russian assets under its member states’ control to fund Ukraine in its ongoing war effort against Russia. You can read more about that here: https://www.reuters.com/business/eus-costa-we-are-very-close-solution-frozen-russian-assets-2025-12-09/.

This market will resolve to “Yes” if the European Union reaches a new, official agreement to use frozen Russian assets under its member countries’ control to fund Ukraine by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Frozen Russian assets refers to Russian State-owned financial assets or proceeds from those assets that are frozen under EU sanctions regimes.

A qualifying use includes either the direct transfer of frozen Russian assets to Ukraine or alternative financial strategies which use the frozen Russian assets to facilitate financial transfers or loans to Ukraine (e.g. the EU uses the frozen assets to guarantee a loan to Ukraine or the assets are transferred to financial intermediaries who then make loans to Ukraine). The use of frozen Russian assets to buy arms or other military supplies which will be subsequently transferred to Ukraine will also qualify as using frozen Russian assets to fund Ukraine.

An announcement of such an agreement within this market’s timeframe will suffice to resolve this market to “Yes”, regardless of whether a qualifying use of the assets has actually occurred.

Isolated instances of the use of frozen Russian assets to fund Ukraine by individual EU member states will not count.

The primary resolution source for this market will be official information from the EU and a consensus of credible reporting.

EU agrees use of Russian assets to fund Ukraine by December 31?

This market will resolve to “Yes”, if either of the following conditions are met:

1.  The C.D. Howe Institute’s Business Cycle Council publicly announces that a recession has occurred in Canada, at any point in 2025, with the announcement made by December 31, 2025, 11:59 PM ET.

2.  The seasonally adjusted annualized percent change in quarterly Canadian Real GDP (expenditure-based), chained (2017) dollars GDP from the previous quarter is less than 0.0 for two consecutive quarters between Q4 2024 and Q4 2025 (inclusive), as reported by Statistics Canada (StatCan).

Otherwise, this market will resolve to "No".

Note that any two consecutive, concurrent vintages indicating negative GDP growth will qualify, regardless of prior or later revisions. For example, if upon release, the initial estimate for Q2 2025 was negative, and Q1 2025's most recent, up-to-date estimate was also negative, this market would resolve to "Yes". If on December 31, 2025 the latest estimate for quarterly GDP in Q3 2025 was negative, this market will stay open until Statistics Canada publishes the initial estimate for Q4 2025, at which point it will resolve to "Yes" if Q4 2025 was negative or if the C.D. Howe Institute’s Business Cycle Council declares a recession by then.

The resolution source will be the official announcements from the C.D. Howe Institute’s Business Cycle Council and Statistics Canada’s estimate of seasonally adjusted annualized percent change in quarterly Canadian real GDP from previous quarters as released by Statistics Canada (e.g., as reported in the line “Gross domestic product at market prices” in Table 3 of the quarterly GDP release: https://www150.statcan.gc.ca/n1/daily-quotidien/250829/t003a-eng.htm)

Canada recession in 2025?

This market will resolve to “Yes”, if either of the following conditions are met:

1.  The National Bureau of Economic Research (NBER) publicly announces that a recession has occurred in the United States, at any point in 2025, with the announcement made by December 31, 2025, 11:59 PM ET.

2.  The seasonally adjusted annualized percent change in quarterly U.S. real GDP from the previous quarter is less than 0.0 for two consecutive quarters between Q4 2024 and Q4 2025 (inclusive), as reported by the Bureau of Economic Analysis (BEA). 

Otherwise, this market will resolve to "No". 

Note that advance estimates will be considered. For example, if upon release, the advance estimate for Q2 2025 was negative, and the Q1 2025's most recent, up-to-date estimate was also negative, this market would resolve to "Yes". If on December 31, 2025 the latest estimate for quarterly GDP in Q3 2025 was negative, this market will stay open until the Advance estimate of Q4 2025 is published, at which point it will resolve to "Yes" if Q4 2025 was negative or if the NBER declares a recession by then.

The resolution source will be the official announcements from the NBER and the BEA’s estimate of seasonally adjusted annualized percent change in quarterly US real GDP from previous quarters as released by the Bureau of Economic Analysis (BEA), https://www.bea.gov/data/gdp/gross-domestic-product

US recession in 2025?

This market will resolve to “Yes” if the Consumer Price Index (CPI) increased by 3.1 percent or more over the 12 month period ending with any month in 2025 according to the monthly Bureau of Labor Statistics (BLS) reports. Otherwise, this market will resolve to "No".

The resolution source for this market will be the BLS Consumer Price Index reports released for each month of 2025 (https://www.bls.gov/bls/news-release/cpi.htm). Resolution of this market will take place upon release of the aforementioned data.

This market may not resolve to "No" until the December 2025 report is issued. Once the December 2025 report is issued, any revisions to previously released CPI figures will not be counted toward this market's resolution. If the CPI report for December 2025 is not issued by January 31, 2026, 11:59 PM ET, this market will resolve based on CPI figures which have already been made available by the BLS.

Note: the resolution source for this market will be the official monthly BLS CPI news release which reports inflation over 12 month periods to only one decimal point (e.g. 2.9%). Thus, this is the level of precision that will be used when resolving the market.

Will inflation reach more than 3% in 2025?

This market will resolve to "Yes" if the data for the Global Land-Ocean Temperature Index for 2025 shows an increase greater than that of any previously recorded year when it is released. Otherwise, this market will resolve to "No".

An anomaly greater than that of any previously recorded year for 2025 is necessary and sufficient to resolve this market to "Yes" immediately once the data becomes available, regardless of whether the figure for 2024 and/or 2025 is later revised.

The primary resolution source for this market will be the figure found in the table titled "Land-Ocean Temperature Index (C)" under the column "No_Smoothing" in the row "2025" (https://data.giss.nasa.gov/gistemp/graphs/graph_data/Global_Mean_Estimates_based_on_Land_and_Ocean_Data/graph.txt). If NASA's "Global Temperature Index" is rendered permanently unavailable, other information from NASA may be used. If no information for 2025 is provided by NASA by March 1, 2026, 11:59 PM ET, this market will resolve based on a consensus of credible reporting.

Will 2025 be the hottest year on record?

This market will resolve to "Yes" if the data for the Global Land-Ocean Temperature Index for 2025 shows the second greatest increase of any previously recorded year when it is released. Otherwise, this market will resolve to "No".

An anomaly which is the second greatest of any previously recorded year for 2025 is necessary and sufficient to resolve this market to "Yes" immediately once the data becomes available, regardless of whether the figure for 2024 and/or 2025 is later revised.

The primary resolution source for this market will be the figure found in the table titled "Land-Ocean Temperature Index (C)" under the column "No_Smoothing" in the row "2025" (https://data.giss.nasa.gov/gistemp/graphs/graph_data/Global_Mean_Estimates_based_on_Land_and_Ocean_Data/graph.txt). If NASA's "Global Temperature Index" is rendered permanently unavailable, other information from NASA may be used. If no information for 2025 is provided by NASA by March 1, 2026, 11:59 PM ET, this market will resolve based on a consensus of credible reporting.

Will 2025 be the second hottest year on record?

This market will resolve to "Yes" if the Treasury 10-year yield reaches or is higher than the listed value for any date between December 9, 2025 and March 31, 2026. Otherwise this market will resolve to "No".

The resolution source for this market is the Department of the Treasury, specially the data listed under "Daily Treasury Par Yield Curve Rates" for the column "10 Yr" (see: https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=2025).

Will the 10-year treasury yield hit 4.3% by March 31?

This is a market about the monthly variation of consumer prices in Argentinian, before seasonal adjustment, as reported by the National Institute of Statistics and Census (INDEC) of Argentina.

This market will resolve according to the number the Consumer Price Index (CPI / IPC) increased in December 2025 (Variación % mensual Total nacional), according to the monthly INDEC report.

The resolution source for this market will be the INDEC Consumer Price Index report released for December 2025 (https://www.indec.gob.ar/), currently scheduled to be released on January 13, 2026. Resolution of this market will take place upon release of the aforementioned data. 

You can find this report by clicking on the “Precios al consumidor” option on the home page of https://www.indec.gob.ar/, and searching the pdf for the figure under “Variación % mensual Total nacional”.

Note: the resolution source for this market will be the official monthly INDEC CPI (IPC) news release which reports monthly inflation change to only one decimal point (e.g. 1.9%). Thus, this is the level of precision that will be used when resolving the market.

Will monthly inflation be between 2.4% and 2.6% in December?

This market will resolve to "Yes" if the next Spanish general election is scheduled between October 21, 2025, and June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

This market is about whether a date for the next Spanish election is announced within the stated timeframe. The date the election is scheduled to take place on will have no effect on the resolution to this market.

The primary resolution source for this market is official information from the Government of Spain however a consensus of credible reporting may also be used.

Spain snap election called by June 30, 2026?

This market will resolve to “Yes”, if either of the following conditions are met:

1.  The C.D. Howe Institute’s Business Cycle Council publicly announces that a recession has occurred in Canada, at any point before 2027, with the announcement made by December 31, 2026, 11:59 PM ET.

2.  The seasonally adjusted annualized percent change in quarterly Canadian Real GDP (expenditure-based), chained (2017) dollars GDP from the previous quarter is less than 0.0 for two consecutive quarters between Q4 2025 and Q4 2026 (inclusive), as reported by Statistics Canada (StatCan).

Otherwise, this market will resolve to "No".

Note that any two consecutive, concurrent vintages indicating negative GDP growth will qualify, regardless of prior or later revisions. For example, if upon release, the initial estimate for Q2 2026 was negative, and Q1 2026's most recent, up-to-date estimate was also negative, this market would resolve to "Yes". If on December 31, 2026 the latest estimate for quarterly GDP in Q3 2026 was negative, this market will stay open until Statistics Canada publishes the initial estimate for Q4 2026, at which point it will resolve to "Yes" if Q4 2026 was negative or if the C.D. Howe Institute’s Business Cycle Council declares a recession by then.

The resolution source will be the official announcements from the C.D. Howe Institute’s Business Cycle Council and Statistics Canada’s estimate of seasonally adjusted annualized percent change in quarterly Canadian real GDP from previous quarters as released by Statistics Canada (e.g., as reported in the line “Gross domestic product at market prices” in Table 3 of the quarterly GDP release: https://www150.statcan.gc.ca/n1/daily-quotidien/250829/t003a-eng.htm)

Canada recession before 2027?

In Q4 2024, government expenditures were $7,106,807,000,000 (see https://fred.stlouisfed.org/series/FGEXPND). 

This market will resolve to “Yes” if federal government current expenditures decrease by 5% or more between the Q4 2024 report and the Q4 2025 report. Otherwise, it will resolve to "No".

Any 2025 quarterly report of $6,751,467,000,000 or less will qualify for a “Yes” resolution.

Revisions made to these figures will not be considered, only the values reported in the initial reports will be used.

This market's resolution source is the Federal Government: Current Expenditures chart maintained by the St. Louis Federal Reserve Bank, displayed here (https://fred.stlouisfed.org/series/FGEXPND).


Will Elon cut the budget by at least 5% in 2025?

This market will resolve to "Yes" if any NATO or EU member country officially announces that they will be sending troops to Ukraine as part of a peacekeeping force by December 31, 2025, 11:59 PM ET. Otherwise this market will resolve to “No”.

A qualifying announcement must be part of a formal agreement between a NATO or EU member country and another country or international organization or otherwise indicative of a formalized policy.

Announcements which are statements of intent, contingent, or otherwise are not indicative of a formalized policy will not count

The primary resolution source for this market will be official information from NATO, the EU, or member states of either entity, however a consensus of credible reporting will also be used.

EU/NATO country announces peacekeeping force in Ukraine?

This market will resolve to “Yes” if either of the following conditions is met:

1.  The seasonally adjusted annualized percent change in quarterly U.S. real GDP from the previous quarter is less than 0.0 for two consecutive quarters between Q2 2025 and Q4 2026 (inclusive), as reported by the Bureau of Economic Analysis (BEA). 

2.  The National Bureau of Economic Research (NBER) publicly announces that a recession has occurred in the United States, at any point during 2025 or 2026, with the announcement made by the time the BEA releases the advance estimate for Q4 2026.

Otherwise, this market will resolve to "No". 

Note that advance estimates will be considered. For example, if upon release, the advance estimate for Q3 2025 was negative, and the Q2 2025's most recent, up-to-date estimate was also negative, this market would resolve to "Yes". If on December 31, 2026 the latest estimate for quarterly GDP in Q3 2025 was negative, this market will stay open until the Advance estimate of Q4 2026 is published, at which point it will resolve to "Yes" if Q4 2026 was negative or if the NBER declares a recession by then.

The resolution source will be the official announcements from the NBER and the BEA’s estimate of seasonally adjusted annualized percent change in quarterly US real GDP from previous quarters as released by the Bureau of Economic Analysis (BEA), https://www.bea.gov/data/gdp/gross-domestic-product

US recession by end of 2026?

This market will resolve to 'Yes' if the seasonally adjusted and annualized GDP growth rate for the full year 2026, as derived from the 'Advance Estimate' for Q4 2026, with a release by the U.S. Bureau of Economic Analysis (BEA) expected in January 2027, reports a growth rate below 0. Otherwise, this market will resolve to 'No'.

The GDP release will be available at: https://www.bea.gov/data/gdp/gross-domestic-product.

Only the first available GDP report labeled as the 'Advance Estimate' for Q4 2026, which provides the initial full-year 2026 GDP growth rate, will be used for resolution. Any subsequent revisions or updates to the data will not be considered.

Negative GDP growth in 2026?

This market will resolve to "Yes" if the Treasury 10-year yield is lower than the listed value for any date between February 24 and December 31, 2025. Otherwise this market will resolve to "No".

The resolution source for this market is the Department of the treasury, specially the data listed under "Daily Treasury Par Yield Curve Rates" for the column "10 Yr" (see: https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=2025).


Will the 10-year Treasury yield dip below 3.9% in 2025?

This market will resolve to "Yes" if Emmanuel Macron ceases to be President of France for any length of time between September 14, 2025, and June 30, 2026, 11:59 PM ET (inclusive). Otherwise, this market will resolve to "No".

If Macron departs from office before the expiry date, the market should resolve immediately.

The primary resolution source for this market will be information from the government of France, however a consensus of credible reporting will also be used.

Will annual inflation in the European Union be 5.9% or more in February?

Market Context

Will annual inflation in the European Union be 5.9% or more in February?

Rules

Will annual inflation in the European Union be 5.9% or more in February?

Market Context

Will annual inflation in the European Union be 5.9% or more in February?

About

Related