University of Michigan surveys consumers' long-term inflation expectations rose the most since May 2021

The final forecast for one-year inflation in the United States in February was 4.3%, the highest since November 2023, and the forecast was 4.30%, the previous value was 4.30%. The final forecast for five-to-ten-year inflation in the United States in February was 3.5%, and the forecast was 3.30%, the previous value was 3.30%. The month-on-month increase in consumer long-term inflation expectations surveyed by the University of Michigan was the largest since May 2021.