United States - 5-Year, 5-Year Forward Inflation Expectation Rate was 2.24% in May of 2025, according to the United States Federal Reserve. Historically, United States - 5-Year, 5-Year Forward Inflation Expectation Rate reached a record high of 2.89 in April of 2011 and a record low of 0.74 in December of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - 5-Year, 5-Year Forward Inflation Expectation Rate - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for 5-Year Breakeven Inflation Rate (T5YIE) from 2003-01-02 to 2025-07-03 about spread, interest rate, interest, 5-year, inflation, rate, and USA.

View a measure of the average expected inflation over the five-year period that begins five years from the date data are reported.

Graph and download economic data for 1-Year Expected Inflation (EXPINF1YR) from Jan 1982 to Jun 2025 about 1-year, projection, inflation, and USA.

We report average expected inflation rates over the next one through 30 years. Our estimates of expected inflation rates are calculated using a Federal Reserve Bank of Cleveland model that combines financial data and survey-based measures. Released monthly.

Graph and download economic data for 2-Year Expected Inflation (EXPINF2YR) from Jan 1982 to Jun 2025 about 2-year, projection, inflation, and USA.

Graph and download economic data for 10-Year Expected Inflation (EXPINF10YR) from Jan 1982 to Jun 2025 about projection, 10-year, inflation, and USA.

Graph and download economic data for 30-Year Expected Inflation (EXPINF30YR) from Jan 1982 to Jun 2025 about 30-year, projection, inflation, and USA.

FRBOP Forecast: 5Yr Forward: Ann Ave CPI Infla: sa: Mean: Next 5 Yrs data was reported at 2.201 % in Dec 2018. This records a decrease from the previous number of 2.239 % for Sep 2018. FRBOP Forecast: 5Yr Forward: Ann Ave CPI Infla: sa: Mean: Next 5 Yrs data is updated quarterly, averaging 2.426 % from Sep 2005 (Median) to Dec 2018, with 54 observations. The data reached an all-time high of 2.826 % in Sep 2009 and a record low of 2.201 % in Dec 2018. FRBOP Forecast: 5Yr Forward: Ann Ave CPI Infla: sa: Mean: Next 5 Yrs data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.I008: Consumer Price Index: Urban: sa: Forecast: Federal Reserve Bank of Philadelphia.

FRBOP Forecast: Annual CPI Inflation: sa: Mean: Current Plus 2 Yrs data was reported at 2.240 % in Dec 2018. This records a decrease from the previous number of 2.316 % for Sep 2018. FRBOP Forecast: Annual CPI Inflation: sa: Mean: Current Plus 2 Yrs data is updated quarterly, averaging 2.297 % from Sep 2005 (Median) to Dec 2018, with 54 observations. The data reached an all-time high of 2.561 % in Dec 2006 and a record low of 1.960 % in Dec 2010. FRBOP Forecast: Annual CPI Inflation: sa: Mean: Current Plus 2 Yrs data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.I008: Consumer Price Index: Urban: sa: Forecast: Federal Reserve Bank of Philadelphia.

Graph and download economic data for 10-Year Real Interest Rate (REAINTRATREARAT10Y) from Jan 1982 to Jun 2025 about 10-year, interest rate, interest, real, rate, and USA.

FRBOP Forecast: Core CPI Inflation: sa: Mean: Plus 1 Qtr data was reported at 2.226 % in Mar 2019. This records a decrease from the previous number of 2.327 % for Dec 2018. FRBOP Forecast: Core CPI Inflation: sa: Mean: Plus 1 Qtr data is updated quarterly, averaging 1.951 % from Mar 2007 (Median) to Mar 2019, with 49 observations. The data reached an all-time high of 2.365 % in Jun 2018 and a record low of 1.127 % in Mar 2009. FRBOP Forecast: Core CPI Inflation: sa: Mean: Plus 1 Qtr data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.I008: Consumer Price Index: Urban: sa: Forecast: Federal Reserve Bank of Philadelphia.

Policy interest rates in the U.S. and Europe are forecasted to decrease gradually between 2024 and 2027, following exceptional increases triggered by soaring inflation between 2021 and 2023. The U.S. federal funds rate stood at **** percent at the end of 2023, the European Central Bank deposit rate at **** percent, and the Swiss National Bank policy rate at **** percent. With inflationary pressures stabilizing, policy interest rates are forecast to decrease in each observed region. The U.S. federal funds rate is expected to decrease to *** percent, the ECB refi rate to **** percent, the Bank of England bank rate to **** percent, and the Swiss National Bank policy rate to **** percent by 2025. An interesting aspect to note is the impact of these interest rate changes on various economic factors such as growth, employment, and inflation. The impact of central bank policy rates The U.S. federal funds effective rate, crucial in determining the interest rate paid by depository institutions, experienced drastic changes in response to the COVID-19 pandemic. The subsequent slight changes in the effective rate reflected the efforts to stimulate the economy and manage economic factors such as inflation. Such fluctuations in the federal funds rate have had a significant impact on the overall economy. The European Central Bank's decision to cut its fixed interest rate in June 2024 for the first time since 2016 marked a significant shift in attitude towards economic conditions. The reasons behind the fluctuations in the ECB's interest rate reflect its mandate to ensure price stability and manage inflation, shedding light on the complex interplay between interest rates and economic factors. Inflation and real interest rates The relationship between inflation and interest rates is critical in understanding the actions of central banks. Central banks' efforts to manage inflation through interest rate adjustments reveal the intricate balance between economic growth and inflation. Additionally, the concept of real interest rates, adjusted for inflation, provides valuable insights into the impact of inflation on the economy.

FRBOP Forecast: Annual Core CPI Infl: sa: Mean: Current Plus 2 Yrs data was reported at 2.426 % in Jun 2018. This records an increase from the previous number of 2.327 % for Mar 2018. FRBOP Forecast: Annual Core CPI Infl: sa: Mean: Current Plus 2 Yrs data is updated quarterly, averaging 2.183 % from Mar 2007 (Median) to Jun 2018, with 46 observations. The data reached an all-time high of 2.426 % in Jun 2018 and a record low of 1.618 % in Jun 2009. FRBOP Forecast: Annual Core CPI Infl: sa: Mean: Current Plus 2 Yrs data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.I008: Consumer Price Index: Urban: sa: Forecast: Federal Reserve Bank of Philadelphia.

The benchmark interest rate in Japan was last recorded at 0.50 percent. This dataset provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Australia was last recorded at 3.85 percent. This dataset provides - Australia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in India was last recorded at 5.50 percent. This dataset provides - India Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in the United Kingdom was last recorded at 4.25 percent. This dataset provides - United Kingdom Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in the United States increased to 21942 USD Billion in May from 21862.40 USD Billion in April of 2025. This dataset provides - United States Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in New Zealand was last recorded at 3.25 percent. This dataset provides - New Zealand Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.