Recent U.S. labor market data show the unemployment rate holding at 4.1 percent through August 2026, well below the 5.0 percent threshold, while August CPI reached 3.4 percent year-over-year amid elevated energy prices. The September FOMC projections reinforced this backdrop by lifting the median 2026 PCE inflation forecast to 3.7 percent and holding the unemployment outlook at 4.1 percent, with the federal funds rate path revised higher to 4.1 percent. These factors have driven trader consensus toward the overheating outcome at 77 percent implied probability, reflecting sustained tight conditions and above-target price pressures rather than a rapid disinflation path. Upcoming September CPI and employment releases, plus any further Fed communications, remain key near-term catalysts for resolution by year-end.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedOverheating (Unemployment <5.0%, Inflation ≥3.5%) 77%
Soft Landing (Unemployment <5.0%, Inflation <3.5%) 19%
Slack (Unemployment ≥5.0%, Inflation <3.5%) <1%
Stagflation (Unemployment ≥5.0%, Inflation ≥3.5%) <1%
$91,175 Vol.
$91,175 Vol.
Overheating (Unemployment <5.0%, Inflation ≥3.5%)
77%
Soft Landing (Unemployment <5.0%, Inflation <3.5%)
19%
Slack (Unemployment ≥5.0%, Inflation <3.5%)
<1%
Stagflation (Unemployment ≥5.0%, Inflation ≥3.5%)
<1%
Overheating (Unemployment <5.0%, Inflation ≥3.5%) 77%
Soft Landing (Unemployment <5.0%, Inflation <3.5%) 19%
Slack (Unemployment ≥5.0%, Inflation <3.5%) <1%
Stagflation (Unemployment ≥5.0%, Inflation ≥3.5%) <1%
$91,175 Vol.
$91,175 Vol.
Overheating (Unemployment <5.0%, Inflation ≥3.5%)
77%
Soft Landing (Unemployment <5.0%, Inflation <3.5%)
19%
Slack (Unemployment ≥5.0%, Inflation <3.5%)
<1%
Stagflation (Unemployment ≥5.0%, Inflation ≥3.5%)
<1%
This market will resolve according to the unemployment rate and the inflation rate published for December 2026.
If either the December 2026 inflation rate or the December 2026 unemployment rate is not published by January 31, 2027, 11:59 PM ET, this market will resolve based on the most recently published available value of the rate for a month prior to December 2026.
This market will resolve to “Soft Landing (Unemployment <5.0%, Inflation <3.5%)” if the unemployment rate is less than 5.0% and the inflation rate is less than 3.5%.
This market will resolve to “Stagflation (Unemployment ≥5.0%, Inflation ≥3.5%)” if the unemployment rate is greater than or equal to 5.0% and the inflation rate is greater than or equal to 3.5%.
This market will resolve to “Overheating (Unemployment <5.0%, Inflation ≥3.5%)” if the unemployment rate is less than 5.0% and the inflation rate is greater than or equal to 3.5%.
This market will resolve to “Slack (Unemployment ≥5.0%, Inflation <3.5%)” if the unemployment rate is greater than or equal to 5.0% and the inflation rate is less than 3.5%.
The resolution source for this market will be the Bureau of Labor Statistics, specifically its Employment Situation and Consumer Price Index releases.
Market Opened: Apr 24, 2026, 5:47 PM ET
Resolver
0x69c47De9D...This market will resolve according to the unemployment rate and the inflation rate published for December 2026.
If either the December 2026 inflation rate or the December 2026 unemployment rate is not published by January 31, 2027, 11:59 PM ET, this market will resolve based on the most recently published available value of the rate for a month prior to December 2026.
This market will resolve to “Soft Landing (Unemployment <5.0%, Inflation <3.5%)” if the unemployment rate is less than 5.0% and the inflation rate is less than 3.5%.
This market will resolve to “Stagflation (Unemployment ≥5.0%, Inflation ≥3.5%)” if the unemployment rate is greater than or equal to 5.0% and the inflation rate is greater than or equal to 3.5%.
This market will resolve to “Overheating (Unemployment <5.0%, Inflation ≥3.5%)” if the unemployment rate is less than 5.0% and the inflation rate is greater than or equal to 3.5%.
This market will resolve to “Slack (Unemployment ≥5.0%, Inflation <3.5%)” if the unemployment rate is greater than or equal to 5.0% and the inflation rate is less than 3.5%.
The resolution source for this market will be the Bureau of Labor Statistics, specifically its Employment Situation and Consumer Price Index releases.
Resolver
0x69c47De9D...Recent U.S. labor market data show the unemployment rate holding at 4.1 percent through August 2026, well below the 5.0 percent threshold, while August CPI reached 3.4 percent year-over-year amid elevated energy prices. The September FOMC projections reinforced this backdrop by lifting the median 2026 PCE inflation forecast to 3.7 percent and holding the unemployment outlook at 4.1 percent, with the federal funds rate path revised higher to 4.1 percent. These factors have driven trader consensus toward the overheating outcome at 77 percent implied probability, reflecting sustained tight conditions and above-target price pressures rather than a rapid disinflation path. Upcoming September CPI and employment releases, plus any further Fed communications, remain key near-term catalysts for resolution by year-end.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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