U.S. Federal Reserve researchers sing praises of prediction markets

Researchers from the U.S. Federal Reserve are expressing high commendations and enthusiastic support for the value and effectiveness of prediction markets, highlighting their potential to provide insightful forecasts on various economic indicators and trends. These markets, which leverage collective intelligence to anticipate future events, have garnered attention for their ability to aggregate information from diverse sources, making them a valuable tool for economic analysis and decision-making. source: https://www.coindesk.com/policy/2026/02/19/u-s-federal-reserve-research-sings-praises-of-prediction-markets