5-Year, 5-Year Forward Inflation Expectation Rate
Inflation · FRED/Treasury · T5YIFRM
What this measures. This series is a measure of expected inflation (on average) over the five-year period that begins five years from today. This series is constructed as: (((((1+((BC_10YEAR-TC_10YEAR)/100))^10)/((1+((BC_5YEAR-TC_5YEAR)/100))^5))^0.2)-1)*100 where BC10_YEAR, TC_10YEAR, BC_5YEAR, and TC_5YEAR are the 10 year and 5 year nominal and inflation adjusted Treasury…
The latest reading sits at HIGH relative to this series' own history (281 observations) — a statement of where it is in its range, not a forecast. Hover the chart for values; the marked point is the most recent observation.
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