Inflation Expectations

Charts, tables, and context on inflation expectations.

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Anchoring Dashboard

Compares each measure's latest reading against its historical reference mean. A z-score outside ±1σ is flagged as unanchored. Click a row to expand its chart.

Indicator Latest Date Ref. Mean Z-Score Status
5Y Breakeven Inflation 2.26% 2026-07-06 1.93% 0.62 Anchored
10Y Breakeven Inflation 2.23% 2026-07-06 2.11% 0.35 Anchored
UMich 1Y Inflation Exp. 4.60% 2026-06-01 3.59% 0.62 Anchored
UMich 5Y Inflation Exp. 3.30% 2026-06-01 3.59% -0.22 Anchored
NY Fed 1Y Inflation Exp. (Med) 3.67% 2026-06-01 3.03% 1.43 Outside 1σ
NY Fed 5Y Inflation Exp. (Med) 3.00% 2026-06-01 2.83% 1.02 Outside 1σ
Atlanta Fed Costs Exp. (Med) 2.33% 2026-06-01 2.06% 0.92 Anchored
Philly Fed Inflation Exp. (Med) 3.50% 2026-04-01 2.88% 0.75 Anchored
Philly Fed 10Y Inflation Exp. (Med) 3.00% 2026-04-01 2.95% 0.13 Anchored
Cleveland Fed SOFIE 1Y Inflation Exp. (Mean) 3.70% 2026-04-01 3.48% 0.24 Anchored
Cleveland Fed SOFIE 5Y Inflation Exp. (Mean) 3.30% 2025-10-01 3.73% -0.55 Anchored
Richmond Fed BAPI 1Y Inflation Exp. (All) 4.05% 2026-04-01 4.08% -0.04 Anchored
Richmond Fed BAPI 5Y Inflation Exp. (All) 3.99% 2026-04-01 3.89% 0.28 Anchored