Median year-ahead inflation expectations in the US grew to 4.8 percent in June 2021, a new high for the series and the eighth straight month of increases, as the economy recovers from the pandemic hit. Meanwhile, expectations for inflation over the next three years remained unchanged at 3.6 percent, the second-highest level ever. The survey also showed households' labor market expectations continued to improve as the mean perceived probability of losing one's job in the next 12 months decreased to 10.9 percent, a new series' low, and the mean perceived probability of finding a job in the next three months increased to 54.2 percent, the highest reading since February 2020. source: Federal Reserve Bank of New York
Inflation Expectations in the United States averaged 2.87 percent from 2013 until 2021, reaching an all time high of 4.80 percent in June of 2021 and a record low of 2.33 percent in October of 2019. This page provides - United States Consumer Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Consumer Inflation Expectations - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.
Inflation Expectations in the United States is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Expectations in the United States to stand at 2.00 in 12 months time. In the long-term, the United States Consumer Inflation Expectations is projected to trend around 2.50 percent in 2022 and 2.40 percent in 2023, according to our econometric models.