Researchers acknowledged Kalshi's prediction market data in a Federal Reserve paper.

According to reports, researchers in a new paper from the Federal Reserve have praised the data from the Kalshi prediction market, which is a major endorsement of trust for this emerging platform that is gradually entering the mainstream economy. Researchers found that the performance of the Kalshi market in predicting key economic data may outperform traditional derivatives and survey forecasts. The Federal Reserve's Anthony M. Diercks, Northwestern University's Jared Dean Katz, and the US Bureau of Economic Research's Jonathan Wright wrote: "Our research highlights the potential of prediction markets, which can serve as a new benchmark for measuring market expectations and providing references for monetary policy decisions." They stated that Kalshi performed comparably with Bloomberg on core inflation and unemployment rate data, and even surpassed in overall inflation predictions.