{
  "$schema": "https://clearmarket.fyi/schema/signal/v1.json",
  "record_id": "CMSIG2026071405",
  "record_slug": "cpi-above-3-7-for-year-ending-july-2026-kalshi-70-2026-07-14",
  "schema_version": "v0.2.0",
  "provenance_version": "0.2.0",
  "published_at": "2026-07-14T05:01:05.000Z",
  "semantic_title": "CPI above 3.7 percent for year ending July nears consensus",
  "telemetry": "Kalshi ladder",
  "headline": "CPI above 3.7% for year ending July 2026: Kalshi 70%",
  "category_tag": "MOMENTUM_REPRICING",
  "secondary_tags": [],
  "detection_path": "news_cycle",
  "pre_news_classification": "concurrent",
  "target_event_id": "CM-EVT-FC6YNQPJV4",
  "target_event_slug": "kxcpiyoy-26jun",
  "event_question": "CPI year-over-year rate for year ending July 2026",
  "linked_event_ids": [],
  "primary_market": {
    "platform": "kalshi",
    "platform_market_id": "KXCPIYOY-26JUN-T3.8",
    "question_raw": "Will the rate of CPI inflation be above 3.8% for the year ending in June 2026?",
    "current_price": 0.29,
    "volume_24h_usd": 22275.43,
    "arbitration_model": "kalshi_staff",
    "resolution_source": "Bureau of Labor Statistics",
    "resolves_at": "2026-10-13T14:00:00Z"
  },
  "related_markets": [],
  "bullets": [
    "Kalshi prices CPI for the year ending July 2026 at 70% above 3.7% and 29% above 3.8%, with the distribution anchored firmly in the 3.7-3.8% range.",
    "With May CPI already at 4.2%, the market is pricing meaningful disinflation into July while still keeping the headline well above the Fed's 2% target.",
    "The 3.7-3.8% modal range is consistent with the core CPI ladder's sub-3% read: headline inflation seen falling faster than core, likely via energy base effects.",
    "Resolves via Bureau of Labor Statistics CPI release for the 12 months ending July 2026; any print above 3.9% represents a significant upside surprise against current pricing."
  ],
  "atomic_claims": [
    {
      "type": "news_event",
      "field_provenance": {
        "story": {
          "tier": "mediated",
          "method": "exa_search",
          "source": "en.bloomingbit.io",
          "source_url": "https://en.bloomingbit.io/feed/news/116190",
          "retrieved_at": "2026-07-14T09:54:27+00:00"
        }
      },
      "significance": {
        "threshold": 5,
        "threshold_unit": "rank",
        "passed": true,
        "reason": "surfaced in the daily Exa news-cycle scan; mechanically matched to an active kalshi market"
      },
      "story": "South Korea is advancing digital asset legislation this year, but the CPI ladder tied to July 2026 data reflects the dominant macro narrative of persistent inflation above 3.7%.",
      "publisher": "en.bloomingbit.io",
      "published_at": "2026-07-14T05:01:05.000Z",
      "source_url": "https://en.bloomingbit.io/feed/news/116190"
    },
    {
      "type": "pm_response",
      "field_provenance": {
        "notes": {
          "tier": "editorial",
          "method": "llm_judge_cm_signal_v1"
        }
      },
      "notes": "Kalshi's July CPI ladder is the longest-dated inflation read in this batch, showing the market expects headline to fall roughly 40-50 basis points from the May 4.2% print by next month."
    }
  ],
  "sources": [
    {
      "label": "en.bloomingbit.io: South Korea to Push Digital Asset Law This Year, Speed Rules for Won S",
      "url": "https://en.bloomingbit.io/feed/news/116190",
      "published_at": "2026-07-14T05:01:05.000Z",
      "retrieved_at": "2026-07-14T09:54:27+00:00"
    }
  ],
  "field_provenance": {
    "pm_data": "kalshi_api",
    "news_context": "exa_search",
    "editorial_judgment": "cm_signal_llm_judge"
  },
  "canonical_urls": {
    "html": "https://clearmarket.fyi/signals/cpi-above-3-7-for-year-ending-july-2026-kalshi-70-2026-07-14/",
    "json": "https://clearmarket.fyi/signals/cpi-above-3-7-for-year-ending-july-2026-kalshi-70-2026-07-14.json"
  },
  "license": "https://creativecommons.org/licenses/by/4.0/",
  "_provenance_registry": {
    "direct": "Unaltered extraction from primary venue/source API (e.g., polymarket_clob_api, kalshi_api, BLS, FRED). Highest trust tier.",
    "mediated": "Information fetched via grounded agentic retrieval (e.g., perplexity_grounded). MUST carry source_url to the underlying primary source.",
    "derived": "Algorithmic computation from listed inputs. Chain only as fresh as the oldest input timestamp (see as_of).",
    "editorial": "Interpretive classification produced by a versioned LLM prompt template (prompts auditable in github.com/JDSource/clearmarket/prompts)."
  },
  "_provenance_canonical": "https://clearmarket.fyi/schema/provenance/v1"
}