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5-Year, 5-Year Forward Inflation Expectation Rate

Series T5YIFR — 5y5y forward breakeven.

Latest value: 2.33% for Oct 16, 2026, +0.06 pp from a year earlier (against Oct 16, 2025). 5,952 daily observations from Jan 2, 2003 to Oct 16, 2026, in percent. Source: FRED (FRED route); context series, not an input to the Nowflation CPI Gauge.

Latest observations

PeriodValue
Oct 16, 20262.33%
Oct 15, 20262.31%
Oct 14, 20262.34%
Oct 13, 20262.33%
Oct 9, 20262.32%
Oct 8, 20262.33%
Oct 7, 20262.35%
Oct 6, 20262.35%
Oct 5, 20262.36%
Oct 2, 20262.35%
Oct 1, 20262.36%
Sep 30, 20262.36%

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Cite: Nowflation, “5-Year, 5-Year Forward Inflation Expectation Rate” (T5YIFR), data from FRED, retrieved October 18, 2026, https://nowflation.com/series/T5YIFR. The series at its source: FRED.

Related series

5-Year Breakeven Inflation Rate · 10-Year Breakeven Inflation Rate

Related: Series directory · Open data · Methodology