FX.co ★ US Year-Ahead Inflation Expectations at 3-Month High

Year-ahead inflation expectations in the United States, as measured by the University of Michigan Surveys of Consumers, rose to 4.6% in September 2026 from 4.0% in August, reaching their highest level since June, according to a preliminary estimate. Meanwhile, the five-year inflation outlook edged up to 3.4% in September 2026—the highest since May—from 3.3%, where it had held for each of the previous three months.