FX.co ★ US Year-Ahead Inflation Expectations Hits 5-Month High

Year-ahead inflation expectations in the US, as measured by the University of Michigan Surveys of Consumers, rose for a second consecutive month in October 2026, reaching 4.7%. This marked the highest reading since May and was unchanged from the revised 4.7% recorded in September, according to a preliminary estimate. At the same time, the five-year inflation outlook also increased for the second straight month, climbing to 3.5% in October from 3.4% in September—its highest level since May.