FX.co ★ US 1-Year Inflation Outlook Hits 8-Month High

Year-ahead inflation expectations in the United States, as measured by the University of Michigan’s survey, rose to 4.8% in April 2026, the highest level since August 2025, up from 3.8% in the previous month, according to preliminary estimates. Meanwhile, the five-year inflation outlook increased to 3.4%, a five-month high, from 3.2% previously.