Traders are not optimistic about the state of economy by the end of this year, placing high chances of stagflation, a mix of high inflation and unemployment.

Prediction markets traders see two-in-three odds that inflation will go above 4.5% this year, and nearly 40% odds that prices will accelerate above 5%.

Traders are not optimistic about the state of economy by the end of this year, placing high chances of stagflation, a mix of high inflation and unemployment.