# 5-Year, 5-Year Forward Inflation Expectation Rate

2015-11-24: 1.91 Percent
Daily, Not Seasonally Adjusted, T5YIFR, Updated: 2015-11-25 3:41 PM CST
1yr | 5yr | 10yr | Max

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+((DGS10-DFII10)/100))^10)/((1+((DGS5-DFII5)/100))^5))^0.2)-1)*100

where DGS10, DFII10, DGS5, and DFII5 are the 10 year and 5 year nominal and inflation adjusted Treasury securities. All of those are the actual series IDs in FRED.

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(a) 5-Year, 5-Year Forward Inflation Expectation Rate, Percent, Not Seasonally Adjusted (T5YIFR)

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Suggested Citation
``` Federal Reserve Bank of St. Louis, 5-Year, 5-Year Forward Inflation Expectation Rate [T5YIFR], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/T5YIFR/, November 25, 2015. ```

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