Consumers' expected inflation (1 year)

Now 4.60 % (Sep 1, 2026), before 4.00 %, a year ago 4.70 %.

How to read it

If people expect inflation, it sticks. A jump makes the Fed nervous even with calm CPI.

Source: FRED · monthly (University of Michigan)

Connected to

• Core CPI (year on year)
• Consumer sentiment (Michigan)