US inflation >0.3% from March to April 2024?

This is a market on a month-to-month inflation, as measured by the Bureau of Labor Statistics (CPI-U), from March to April 2024. Inflation is measured by a change in Consumer Price Index for All Urban Consumers (CPI-U) on a seasonally adjusted basis, reported by the U.S. Bureau of Labor Statistics. This market will resolve to “Yes” if the index increased by more than 0.3 percent (on a seasonally adjusted basis) from March to April 2024 and “No“ otherwise. The resolution source for this market will be the BLS April 2024 Consumer Price Index report (https://www.bls.gov/bls/news-release/cpi.htm), currently scheduled to be released on May 15, 2024, at 8:30 AM ET. Resolution of this market will take place upon release of the aforementioned data. ---- The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Note: the resolution source for this market will be the official monthly BLS CPI news release which reports seasonally-adjusted month-to-month inflation to only one decimal point (e.g. 0.7%). Thus, this is the level of precision that will be used when resolving the market (e.g. if seasonally adjusted month-to-month CPI-U is 0.4%, the market will resolve to “Yes”, if it is 0.3%, this market will resolve to “No”).

How trading works

Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.

Resolution

Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.