Inflation expectations · United States
United States Michigan 5 Year Inflation Expectations Prel
The United States Michigan 5 Year Inflation Expectations Prel measures the inflation that households, businesses or professional forecasters in the United States expect over the coming months or years.
- 重要性
- Medium
- 发布时间
- Monthly
- 下次发布
- 货币
- USD · US dollar
- 中央银行
- The Federal Reserve
最新数据
最新一期（NOV）于 2026-11-06 公布，数值为 3.4%。 低于上次的 3.5%。
最近 12 次公布中介于 3.2% 至 3.5%，平均 3.4%。
| 发布时间 | 期限 | 实际值 | 预期值 | 前值 |
|---|---|---|---|---|
| 6 Nov 2026 | NOV | 3.4% | – | 3.5% |
| 9 Oct 2026 | OCT | 3.5% | – | 3.4% |
| 11 Sep 2026 | SEP | 3.4% | – | 3.3% |
| 14 Aug 2026 | AUG | 3.3% | – | 3.3% |
| 17 Jul 2026 | JUL | 3.3% | – | 3.3% |
| 12 Jun 2026 | JUN | 3.4% | – | 3.9% |
| 8 May 2026 | MAY | 3.4% | – | 3.5% |
| 10 Apr 2026 | APR | 3.4% | – | 3.2% |
| 13 Mar 2026 | MAR | 3.2% | – | 3.3% |
| 6 Feb 2026 | FEB | 3.4% | – | 3.3% |
| 9 Jan 2026 | JAN | 3.4% | – | 3.2% |
| 5 Dec 2025 | DEC | 3.2% | – | 3.4% |
为何重要
Expectations feed into wage demands and price setting, so inflation can become self-fulfilling. Central banks watch them closely: well-anchored expectations near the target let the Federal Reserve look through temporary price jumps.
计算方法
Survey respondents give their own estimate of future price growth; the release reports the median or average. Market-based versions use the gap between ordinary and inflation-linked bond yields.
变化意味着什么
- Rising long-term expectations are a red flag for central banks.
- Short-term expectations follow petrol and food prices closely.
高于预期：A higher figure than expected makes the Federal Reserve more likely to keep rates high or raise them: it tends to support the US dollar and push bond yields up, and is often a weight on stocks.
低于预期：A lower figure than expected gives the Federal Reserve room to cut or hold rates lower: the US dollar tends to soften and bond yields to fall.
简史
Expectations became central to economics with the work of Milton Friedman and Edmund Phelps in the late 1960s; the University of Michigan has asked US households about the prices they expect since its first surveys after the Second World War, and for a numeric inflation rate since the late 1970s.
问题
What is the United States Michigan 5 Year Inflation Expectations Prel?
The United States Michigan 5 Year Inflation Expectations Prel measures the inflation that households, businesses or professional forecasters in the United States expect over the coming months or years.
What was the latest United States Michigan 5 Year Inflation Expectations Prel?
3.4% for NOV, published on 6 November 2026.
When is the next United States Michigan 5 Year Inflation Expectations Prel?
On Friday 4 December 2026 at 15:00 UTC.
仅供学习参考，不构成投资建议。数据为我们日历记录的已发布结果；所述市场反应为典型情况，并无保证。