FX.co ★ US 1-Year Inflation Expectations Edge Down to 3.0% in February, NY Fed Data Shows

US consumer expectations for inflation over the next year eased slightly in February, according to data from the Federal Reserve Bank of New York. The 1‑year inflation outlook slipped to 3.0% in February 2026, down from 3.1% recorded in January 2026.

The marginal decline suggests that households’ short-term inflation concerns continue to moderate, even as expectations remain above the Federal Reserve’s 2% inflation target. The updated figures were released on 9 March 2026, providing fresh insight into how consumers view the near-term path of prices across the US economy.