Observations

Mar 2025: 2.14

Updated: Apr 1, 2025 4:01 PM CDT

Units:

Percent,

Not Seasonally Adjusted

Frequency:

Monthly

Notes

Title	Release Dates

5-Year, 5-Year Forward Inflation Expectation Rate	2014-05-16	2025-04-01

Source

Federal Reserve Bank of St. Louis	2014-05-16	2025-04-01

Release

Interest Rate Spreads	2014-05-16	2025-04-01

Units

Percent	2014-05-16	2025-04-01

Frequency

Monthly	2014-05-16	2025-04-01

Seasonal Adjustment

Not Seasonally Adjusted	2014-05-16	2025-04-01

Notes

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+((GS10-FII10)/100))^10)/((1+((GS5-FII5)/100))^5))^0.2)-1)*100 where GS10, FII10, GS5, and FII5 are the 10 year and 5 year nominal and inflation adjusted Treasury securities. All of those are the actual series IDs in FRED.	2014-05-16	2019-06-20
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 securities. All of those are the actual series IDs in FRED. Starting with the update on June 21, 2019, the Treasury bond data used in calculating interest rate spreads is obtained directly from the U.S. Treasury Department (https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield).	2019-06-21	2025-04-01

5-Year, 5-Year Forward Inflation Expectation Rate (T5YIFRM)