Title: 3-Year Expected Inflation Series ID: EXPINF3YR Source: Federal Reserve Bank of Cleveland Release: Inflation Expectations (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Monthly Units: Percent Date Range: 1982-01-01 to 2022-08-01 Last Updated: 2022-08-12 3:01 PM CDT Notes: The Federal Reserve Bank of Cleveland estimates the expected rate of inflation over the next 30 years along with the inflation risk premium, the real risk premium, and the real interest rate. Their estimates are calculated with a model that uses Treasury yields, inflation data, inflation swaps, and survey-based measures of inflation expectations. For more information, please visit The Federal Reserve Bank of Cleveland (https://www.clevelandfed.org/our-research/indicators-and-data/inflation-expectations/faqs.aspx). DATE VALUE 1982-01-01 6.49681840 1982-02-01 6.47641850 1982-03-01 6.20259530 1982-04-01 6.19158330 1982-05-01 5.94838960 1982-06-01 5.91784330 1982-07-01 6.38419820 1982-08-01 6.14772380 1982-09-01 6.06565230 1982-10-01 5.45132900 1982-11-01 4.89959540 1982-12-01 4.96340790 1983-01-01 4.94209780 1983-02-01 4.95756510 1983-03-01 4.62428980 1983-04-01 4.89692680 1983-05-01 4.75749320 1983-06-01 4.73892650 1983-07-01 5.07667040 1983-08-01 5.29839170 1983-09-01 5.31866210 1983-10-01 5.21059010 1983-11-01 5.29891790 1983-12-01 5.30770430 1984-01-01 5.33955320 1984-02-01 5.24086190 1984-03-01 5.28461430 1984-04-01 5.57596810 1984-05-01 5.68344670 1984-06-01 5.93028020 1984-07-01 5.99603880 1984-08-01 5.60696430 1984-09-01 5.59613960 1984-10-01 5.54985500 1984-11-01 5.19298810 1984-12-01 5.17084920 1985-01-01 5.22564950 1985-02-01 5.09802290 1985-03-01 5.35995660 1985-04-01 5.16096320 1985-05-01 5.06453560 1985-06-01 4.74556910 1985-07-01 4.66613560 1985-08-01 4.77564960 1985-09-01 4.72111520 1985-10-01 4.69896380 1985-11-01 4.57729230 1985-12-01 4.40329090 1986-01-01 4.17814700 1986-02-01 4.19058700 1986-03-01 3.79914210 1986-04-01 3.51282680 1986-05-01 3.49173930 1986-06-01 3.90792220 1986-07-01 3.72654040 1986-08-01 3.63155290 1986-09-01 3.48649480 1986-10-01 3.63672790 1986-11-01 3.49802630 1986-12-01 3.57699650 1987-01-01 3.54932420 1987-02-01 3.57569790 1987-03-01 3.36629040 1987-04-01 3.67660360 1987-05-01 4.00341150 1987-06-01 4.00432010 1987-07-01 4.02590490 1987-08-01 4.14422070 1987-09-01 4.26110220 1987-10-01 4.41013510 1987-11-01 4.15257630 1987-12-01 4.23744260 1988-01-01 4.08744470 1988-02-01 3.89021860 1988-03-01 3.82804770 1988-04-01 4.08641500 1988-05-01 4.15773200 1988-06-01 4.16528740 1988-07-01 4.21740610 1988-08-01 4.27633610 1988-09-01 4.35851190 1988-10-01 4.25111170 1988-11-01 4.16963820 1988-12-01 4.33773530 1989-01-01 4.45231960 1989-02-01 4.36661650 1989-03-01 4.51328670 1989-04-01 4.54306760 1989-05-01 4.48942300 1989-06-01 4.22772260 1989-07-01 4.03775520 1989-08-01 3.85380790 1989-09-01 3.98294970 1989-10-01 4.07097590 1989-11-01 3.88613090 1989-12-01 3.76267050 1990-01-01 4.01812270 1990-02-01 4.22426400 1990-03-01 4.10940100 1990-04-01 4.15714140 1990-05-01 4.30820330 1990-06-01 4.13496600 1990-07-01 4.05704420 1990-08-01 4.03203480 1990-09-01 4.37663980 1990-10-01 4.40186440 1990-11-01 4.35092260 1990-12-01 4.24572430 1991-01-01 3.94424030 1991-02-01 3.81445020 1991-03-01 3.91197010 1991-04-01 3.85246050 1991-05-01 3.80437120 1991-06-01 3.83922560 1991-07-01 3.95189410 1991-08-01 3.89471350 1991-09-01 3.71518520 1991-10-01 3.63121260 1991-11-01 3.56278890 1991-12-01 3.53038670 1992-01-01 3.34056540 1992-02-01 3.50871540 1992-03-01 3.61735000 1992-04-01 3.58067000 1992-05-01 3.59541590 1992-06-01 3.58208020 1992-07-01 3.38995250 1992-08-01 3.23470450 1992-09-01 3.12160830 1992-10-01 3.01056960 1992-11-01 3.24195160 1992-12-01 3.29279520 1993-01-01 3.22135380 1993-02-01 3.07121390 1993-03-01 2.96275520 1993-04-01 2.97636210 1993-05-01 2.90406410 1993-06-01 2.91968060 1993-07-01 2.86801800 1993-08-01 2.91015980 1993-09-01 2.75274870 1993-10-01 2.77239670 1993-11-01 2.84049210 1993-12-01 2.84672560 1994-01-01 2.94086950 1994-02-01 2.87115760 1994-03-01 3.18463060 1994-04-01 3.39822770 1994-05-01 3.39784320 1994-06-01 3.47478020 1994-07-01 3.50993870 1994-08-01 3.42155320 1994-09-01 3.43546600 1994-10-01 3.65485550 1994-11-01 3.75399240 1994-12-01 3.89290380 1995-01-01 3.86878630 1995-02-01 3.75050150 1995-03-01 3.58233070 1995-04-01 3.55029490 1995-05-01 3.43041030 1995-06-01 3.05766680 1995-07-01 3.15604600 1995-08-01 3.23164060 1995-09-01 3.16581220 1995-10-01 3.12093880 1995-11-01 3.02352730 1995-12-01 2.84563830 1996-01-01 2.93748670 1996-02-01 2.88898570 1996-03-01 2.88188400 1996-04-01 3.15379070 1996-05-01 3.28776390 1996-06-01 3.35275970 1996-07-01 3.26445360 1996-08-01 3.24535200 1996-09-01 3.32879500 1996-10-01 3.27625120 1996-11-01 3.18296850 1996-12-01 3.04154250 1997-01-01 3.23530350 1997-02-01 3.21691310 1997-03-01 3.28342260 1997-04-01 3.37310980 1997-05-01 3.29416200 1997-06-01 3.28550560 1997-07-01 3.19676280 1997-08-01 3.10994010 1997-09-01 3.13899340 1997-10-01 3.08934230 1997-11-01 3.05208120 1997-12-01 3.00839840 1998-01-01 2.91426950 1998-02-01 2.83737930 1998-03-01 2.94967930 1998-04-01 2.89095150 1998-05-01 2.88820660 1998-06-01 2.80169970 1998-07-01 2.87892640 1998-08-01 2.86692480 1998-09-01 2.67912720 1998-10-01 2.35878190 1998-11-01 2.45619220 1998-12-01 2.42053650 1999-01-01 2.51001740 1999-02-01 2.54544810 1999-03-01 2.77223810 1999-04-01 2.78293680 1999-05-01 2.82008590 1999-06-01 2.80192870 1999-07-01 2.96505700 1999-08-01 3.00700290 1999-09-01 2.99722280 1999-10-01 3.07185580 1999-11-01 3.11732960 1999-12-01 3.21378100 2000-01-01 3.25347380 2000-02-01 3.33252070 2000-03-01 3.34813870 2000-04-01 3.21833780 2000-05-01 3.33467470 2000-06-01 3.46223700 2000-07-01 3.13181170 2000-08-01 3.13123740 2000-09-01 3.08958050 2000-10-01 3.05188280 2000-11-01 3.03570220 2000-12-01 2.98833370 2001-01-01 2.60270520 2001-02-01 2.62639090 2001-03-01 2.40763980 2001-04-01 2.56974210 2001-05-01 2.73177290 2001-06-01 2.78757920 2001-07-01 2.75474510 2001-08-01 2.63441850 2001-09-01 2.81455770 2001-10-01 2.40700420 2001-11-01 2.24408560 2001-12-01 2.59129830 2002-01-01 2.58442730 2002-02-01 2.48196100 2002-03-01 2.44212790 2002-04-01 2.78938790 2002-05-01 2.67070430 2002-06-01 2.54719790 2002-07-01 2.48206970 2002-08-01 2.22608300 2002-09-01 2.06479100 2002-10-01 1.97695830 2002-11-01 2.03419390 2002-12-01 2.11098960 2003-01-01 2.09203300 2003-02-01 2.10014590 2003-03-01 1.91485380 2003-04-01 1.97531170 2003-05-01 1.93197660 2003-06-01 1.94095180 2003-07-01 1.75167470 2003-08-01 2.05756040 2003-09-01 2.17463480 2003-10-01 1.89638090 2003-11-01 2.07726360 2003-12-01 2.21047100 2004-01-01 2.08706390 2004-02-01 2.07428050 2004-03-01 1.92044590 2004-04-01 1.93990830 2004-05-01 2.27481060 2004-06-01 2.45967130 2004-07-01 2.32638030 2004-08-01 2.33175950 2004-09-01 2.33406950 2004-10-01 2.19236750 2004-11-01 2.18507640 2004-12-01 2.10357020 2005-01-01 2.21762010 2005-02-01 2.22547410 2005-03-01 2.36769240 2005-04-01 2.44018180 2005-05-01 2.38634430 2005-06-01 2.24772770 2005-07-01 2.29734850 2005-08-01 2.42983440 2005-09-01 2.34327220 2005-10-01 2.61073710 2005-11-01 2.70039540 2005-12-01 2.74296950 2006-01-01 2.42614130 2006-02-01 2.50709890 2006-03-01 2.27982680 2006-04-01 2.64712040 2006-05-01 2.72332660 2006-06-01 2.68977340 2006-07-01 2.74438100 2006-08-01 2.69712780 2006-09-01 2.57304540 2006-10-01 2.47299550 2006-11-01 2.26460960 2006-12-01 2.26730480 2007-01-01 2.57396510 2007-02-01 2.60154730 2007-03-01 2.55939160 2007-04-01 2.54678150 2007-05-01 2.62235780 2007-06-01 2.81527650 2007-07-01 2.62387760 2007-08-01 2.53230220 2007-09-01 2.43745290 2007-10-01 2.36284860 2007-11-01 2.45176820 2007-12-01 2.22877030 2008-01-01 2.20712950 2008-02-01 2.04069840 2008-03-01 1.84689130 2008-04-01 1.89785100 2008-05-01 2.12832990 2008-06-01 2.34077230 2008-07-01 2.42630680 2008-08-01 2.44486800 2008-09-01 2.25603000 2008-10-01 1.88128290 2008-11-01 1.59571830 2008-12-01 1.11982270 2009-01-01 1.19048640 2009-02-01 1.20087630 2009-03-01 0.93470595 2009-04-01 1.43163920 2009-05-01 1.56433980 2009-06-01 1.68090710 2009-07-01 1.77531290 2009-08-01 1.93794270 2009-09-01 2.00175200 2009-10-01 1.71623150 2009-11-01 1.81475840 2009-12-01 1.71781550 2010-01-01 1.83344400 2010-02-01 1.78446490 2010-03-01 1.83994830 2010-04-01 1.78969360 2010-05-01 1.75259980 2010-06-01 1.58685720 2010-07-01 1.36715930 2010-08-01 1.45006720 2010-09-01 1.23436800 2010-10-01 1.35063420 2010-11-01 1.33451020 2010-12-01 1.48158190 2011-01-01 1.79836240 2011-02-01 1.86141320 2011-03-01 1.94818120 2011-04-01 1.97727100 2011-05-01 1.98016240 2011-06-01 1.82410560 2011-07-01 1.98021640 2011-08-01 1.53412310 2011-09-01 1.26086040 2011-10-01 1.40419020 2011-11-01 1.42974670 2011-12-01 1.51244400 2012-01-01 1.41503570 2012-02-01 1.38155820 2012-03-01 1.37289620 2012-04-01 1.51353070 2012-05-01 1.42133770 2012-06-01 1.09499230 2012-07-01 1.28305840 2012-08-01 1.30509790 2012-09-01 1.49431970 2012-10-01 1.38488440 2012-11-01 1.41426120 2012-12-01 1.53642550 2013-01-01 1.29705460 2013-02-01 1.35300430 2013-03-01 1.15774920 2013-04-01 1.31686670 2013-05-01 1.20067780 2013-06-01 1.35640580 2013-07-01 1.32689170 2013-08-01 1.63293130 2013-09-01 1.82608620 2013-10-01 1.54752000 2013-11-01 1.50901560 2013-12-01 1.68662350 2014-01-01 1.65845030 2014-02-01 1.58078190 2014-03-01 1.46384810 2014-04-01 1.68217060 2014-05-01 1.70859260 2014-06-01 1.61311270 2014-07-01 1.74143930 2014-08-01 1.73392190 2014-09-01 1.84043890 2014-10-01 1.67210410 2014-11-01 1.55818410 2014-12-01 1.81649400 2015-01-01 1.37657760 2015-02-01 1.10137670 2015-03-01 1.34188060 2015-04-01 1.55341280 2015-05-01 1.64457050 2015-06-01 1.68477850 2015-07-01 1.73507900 2015-08-01 1.66332930 2015-09-01 1.73447962 2015-10-01 1.49221830 2015-11-01 1.53676760 2015-12-01 1.59141793 2016-01-01 1.62049185 2016-02-01 1.41600790 2016-03-01 1.28209371 2016-04-01 1.58302668 2016-05-01 1.59551464 2016-06-01 1.47635487 2016-07-01 1.49643904 2016-08-01 1.49209539 2016-09-01 1.68219280 2016-10-01 1.57723947 2016-11-01 1.66022882 2016-12-01 1.91950174 2017-01-01 1.85598381 2017-02-01 1.81186181 2017-03-01 1.67685786 2017-04-01 1.71382581 2017-05-01 1.65713217 2017-06-01 1.41050553 2017-07-01 1.70623699 2017-08-01 1.66457208 2017-09-01 1.79780306 2017-10-01 1.80623927 2017-11-01 1.86359373 2017-12-01 2.13176410 2018-01-01 1.84740379 2018-02-01 2.00326161 2018-03-01 1.80943648 2018-04-01 1.86516322 2018-05-01 1.98055495 2018-06-01 1.84460983 2018-07-01 2.02842162 2018-08-01 2.06484981 2018-09-01 2.13895918 2018-10-01 2.11315544 2018-11-01 2.09609593 2018-12-01 2.00116176 2019-01-01 1.85078418 2019-02-01 1.85525939 2019-03-01 1.52885041 2019-04-01 1.74803278 2019-05-01 1.82964349 2019-06-01 1.54419276 2019-07-01 1.60690490 2019-08-01 1.58176413 2019-09-01 1.48327893 2019-10-01 1.56289383 2019-11-01 1.57877680 2019-12-01 1.60765922 2020-01-01 1.64544221 2020-02-01 1.51449051 2020-03-01 1.09480995 2020-04-01 0.69723834 2020-05-01 0.65015429 2020-06-01 0.90194941 2020-07-01 1.27186001 2020-08-01 1.28799505 2020-09-01 1.26585860 2020-10-01 1.20238116 2020-11-01 1.23592866 2020-12-01 1.32656194 2021-01-01 1.24084221 2021-02-01 1.33820857 2021-03-01 1.35491656 2021-04-01 1.49404545 2021-05-01 1.51928111 2021-06-01 1.58692280 2021-07-01 1.61081723 2021-08-01 1.67437008 2021-09-01 1.77920278 2021-10-01 1.54089021 2021-11-01 1.82461512 2021-12-01 1.85916906 2022-01-01 1.78533218 2022-02-01 1.98968776 2022-03-01 2.13836818 2022-04-01 2.43216898 2022-05-01 2.62660234 2022-06-01 2.82148012 2022-07-01 2.45328116 2022-08-01 2.39290501