United States Inflation Expectations
4.2%▼ −0.4 pt
Jul 2026 · Monthly
Inflation expectations in the United States fell to 4.2% in July 2026 from 4.6% in June. The reading remains well below the all-time high of 10.4% recorded in January 1980 and above the series low of 0.4% from November 2001. The series dates back to January 1978.
| Actual | Forecast | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|---|
| 4.2% | — | 4.6% | 10.4%Jan 1980 | 0.4%Nov 2001 | 1978 – 2026 | Monthly |
About this series
Inflation Expectations in United States averaged 3.1% from 1990 until 2026, reaching an all-time high of 10.4% in Jan 1980 and a record low of 0.4% in Nov 2001. The series is reported monthly with history from 1978.
Inflation expectations measure the median expected change in consumer prices over the next year for the United States. The indicator is reported monthly as a percentage. The historical series starts in January 1978 and covers the period onward.
Source & methodology
Federal Reserve Bank of St. Louis · Federal Reserve Bank of St. Louis (FRED)
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