CM ClearMarket
SYSTEM: LIVE · PRICES: HOURLY REFRESH · COVERAGE: ~3,330 EVENTS / ~30,000 MARKETS · KALSHI + POLYMARKET

Fed July dissent odds hold near 50% on hawk pressure

Kalshi 60%
record: CMSIG2026072902 | category: momentum-repricing | target: CM-EVT-P6QJP9BW02 | published: 2026-07-29
settled YES on 2026-07-29 — this wire is a dated snapshot; figures below are as of 2026-07-29
4-bullet brief | narrative
  • Kalshi prices a 60% probability the Fed holds rates in July 2026 with at least one hawkish dissent.
  • News reporting that patience is running thin among Fed officials is broadly consistent with the above-even Kalshi dissent odds.
  • A hold-with-dissent outcome would signal mounting internal pressure without committing to a hike, bridging the gap to the 76% full-year hike probability on Polymarket.
  • Kalshi resolves this via Bureau of Labor Statistics data; note the resolution source appears atypical for a Fed vote outcome and may reflect a linked inflation trigger.
atomic briefs
[01] news_event
significance
surfaced in the daily Exa news-cycle scan; mechanically matched to an active kalshi market
story
Multiple outlets report the Fed is expected to hold rates in July but that inflation hawks may push some policymakers to dissent in favor of a hike.exa_search → today.rtl.lu · as_of 2026-07-29T10:35:12+00:00
[mediated]
publisher
today.rtl.lu
published_at
2026-07-29T00:00:00.000Z
[02] pm_response
interp
Kalshi at 60% is the only priced contract with a live number covering the July hold-plus-dissent scenario.llm_judge_cm_signal_v1
[editorial]
evaluation

News-cycle wires publish on coverage, not editorial selection — the day’s top stories matched to the prediction markets pricing them, so nothing is cherry-picked.

judge_engine
none — deterministic news-cycle scan
judge_verdict
auto_published
judge_confidence
n/a — no judge gate (deterministic publishing)
prompt_template
news_cycle_v1 github · auditable
match_method
entity_slug_match (mechanical)
citation graph

Every wire traces back to the ClearMarket event it is built on, and out to each venue’s own market page — so any figure here can be verified at its source.

internal
programmatic access · four surfaces, same payload

AI grounded search reads embedded JSON-LD in HTML. Developers query REST. Agentic AI clients (Claude Desktop, Cursor) call MCP tools. AI crawlers index via /llms.txt. Same canonical record at every surface.

HTMLbrowsers, AI grounded search, crawlers (contains embedded JSON-LD @type: Dataset)https://clearmarket.fyi/signals/fed-july-hold-with-dissent-kalshi-60-2026-07-29/
JSONREST API for developershttps://clearmarket.fyi/signals/fed-july-hold-with-dissent-kalshi-60-2026-07-29.json
MCPagentic AI tool call (Claude Desktop, Cursor, Continue)clearmarket.get_signal("fed-july-hold-with-dissent-kalshi-60-2026-07-29")
AGENTAI crawler discovery index/llms.txt

PM data: platform APIs (hourly refresh). News context: retrieved with source citations. Editorial judgment: LLM judge with prompt template versioned per wire type. Per-claim provenance inline above; full per-field provenance map at the JSON endpoint under field_provenance.

raw JSON record · same payload returned by REST endpoint
{
  "$schema": "https://clearmarket.fyi/schema/signal/v1.json",
  "provenance_version": "0.2.0",
  "record_id": "CMSIG2026072902",
  "published_at": "2026-07-29T00:00:00.000Z",
  "detection": "news_cycle",
  "category_tag": "MOMENTUM_REPRICING",
  "secondary_tags": [],
  "pre_news_classification": "concurrent",
  "target_event_id": "CM-EVT-P6QJP9BW02",
  "target_event_slug": "kxfedcombo-26jul",
  "event_question": "Will the Federal Reserve in July 2026 cut rates and have at least one dissent?",
  "bullets": [
    "Kalshi prices a 60% probability the Fed holds rates in July 2026 with at least one hawkish dissent.",
    "News reporting that patience is running thin among Fed officials is broadly consistent with the above-even Kalshi dissent odds.",
    "A hold-with-dissent outcome would signal mounting internal pressure without committing to a hike, bridging the gap to the 76% full-year hike probability on Polymarket.",
    "Kalshi resolves this via Bureau of Labor Statistics data; note the resolution source appears atypical for a Fed vote outcome and may reflect a linked inflation trigger."
  ],
  "atomic_claims": [
    {
      "type": "news_event",
      "field_provenance": {
        "story": {
          "tier": "mediated",
          "method": "exa_search",
          "source": "today.rtl.lu",
          "source_url": "https://today.rtl.lu/news/world/us-fed-expected-to-hold-rates-steady-as-inflation-hawks-circle-197431541",
          "retrieved_at": "2026-07-29T10:35:12+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": "Multiple outlets report the Fed is expected to hold rates in July but that inflation hawks may push some policymakers to dissent in favor of a hike.",
      "publisher": "today.rtl.lu",
      "published_at": "2026-07-29T00:00:00.000Z",
      "source_url": "https://today.rtl.lu/news/world/us-fed-expected-to-hold-rates-steady-as-inflation-hawks-circle-197431541"
    },
    {
      "type": "pm_response",
      "field_provenance": {
        "notes": {
          "tier": "editorial",
          "method": "llm_judge_cm_signal_v1"
        }
      },
      "notes": "Kalshi at 60% is the only priced contract with a live number covering the July hold-plus-dissent scenario."
    }
  ],
  "evaluation": {
    "judge_engine": "none — deterministic news-cycle scan",
    "judge_verdict": "auto_published",
    "judge_confidence": null,
    "prompt_template": "news_cycle_v1"
  },
  "citations": {
    "internal": {
      "cm_event": "/events/kxfedcombo-26jul/",
      "related": []
    },
    "external": {
      "venue_a": "https://kalshi.com/markets/KXFEDCOMBO-26JUL-0-T0",
      "venue_b": null,
      "benchmark": null
    }
  },
  "sources": [
    {
      "label": "today.rtl.lu: 'Patience running thin': US Fed expected to hold rates steady as infla",
      "url": "https://today.rtl.lu/news/world/us-fed-expected-to-hold-rates-steady-as-inflation-hawks-circle-197431541",
      "published_at": "2026-07-29T00:00:00.000Z",
      "retrieved_at": "2026-07-29T10:35:12+00:00"
    }
  ],
  "field_provenance": {
    "pm_data": "kalshi_api",
    "news_context": "exa_search",
    "editorial_judgment": "cm_signal_llm_judge"
  }
}
PROVENANCE PROTOCOL v0.2 · [direct] venue api · [mediated] grounded web fetch + source url · [derived] computed from listed inputs · [editorial] versioned llm judgment · full spec /schema/provenance/v1
record CMSIG2026072902 published 2026-07-29T00:00:00.000Z signature sha256-86bf8420c05… ← underlying event all signals →