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Source: Federal Reserve Bank of St. Louis (FRED) · T5YIE, T5YIFRData through July 2026 · Updated Jul 14, 2026 All inflation →
What Markets Expect Inflation to Be
Market-implied inflation expectations from TIPS: the 5-year breakeven and the 5y5y forward - the Fed's credibility anchor.

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<iframe src="https://chixan.com/embed/inflation/us_breakevens/" width="640" height="440" style="border:0" loading="lazy" title="What Markets Expect Inflation to Be — Chixan"></iframe>Cite this chart
Chixan (2026). What Markets Expect Inflation to Be. Federal Reserve Bank of St. Louis (FRED). https://chixan.com/charts/inflation/us_breakevens/

