Kalshi targets Wall Street institutions and plans to launch US CPI futures in December this year According to Bloomberg, the prediction market platform Kalshi plans to launch futures contracts tracking the US Consumer Price Index (CPI) and core CPI in December this year, promoting related products to large banks and hedge funds, and hiring Michael Ashton, a former Barclays trader known as "Mr. Inflation", to design contracts and expand institutional clients. The product will provide standardized futures tools that directly track CPI, facilitating institutional investors' trading and hedging against inflation risks.