- Treasury Secretary Scott Bessent said the U.S. economy can achieve 3% growth this year.
- Traders on the prediction markets platform Kalshi give only 14.2% odds that the country's GDP growth this year will be between 2.6% and 3.0%.
While Treasury Secretary Scott Bessent believes the U.S. economy can achieve 3% growth this year, traders on Kalshi paint a different picture.
Traders on the prediction markets platform give only 14.2% odds that the country's gross domestic product growth this year will be between 2.6% and 3.0%. The contract sees a higher probability that the growth rate will be between 2.1% and 2.5% instead.
The contract asks what will be the GDP growth rate in 2026 and will resolve after the GDP growth is verified by the U.S. Bureau of Economic Analysis.
These comments come as the
consumer price index rose at a seasonally adjusted 0.5% from April to May, with the annual inflation rate at 4.2%, according to the Bureau of Labor Statistics. The year-over-year increase was largest gain in three years.
GDP in the
first quarter this year rose 1.6% after 0.5% annual growth in the fourth quarter of last year. Overall, 2025 saw a 2.1% rise.
Bessent also reiterated confidence in his "3-3-3" plan, which consists of boosting GDP growth to 3%, cutting the budget deficit to 3% by 2028, and producing an additional 3 million barrels of oil per day.
While Bessent still has time to reach that goal, Kalshi traders don't expect the deficit-to-GDP rate to fall sooner. For a separate contract that asks if the U.S. federal deficit-to-GDP rate is below 5% for the 2026 fiscal year, Kalshi traders see a 13% chance. The contract will be verified after a joint statement from the U.S. Treasury and the Office of Management and Budget.
Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment.<small>Source: CNBC</small>
Business
Bessent sees GDP growth booming again this year. Kalshi traders see little chance of that
CNBC
June 24, 2026
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