Home > Releases > Interest Rate Spreads > 5Year, 5Year Forward Inflation Expectation Rate
5Year, 5Year Forward Inflation Expectation Rate (T5YIFRM)
Observation:
Dec 2017: 2.04 (+ more)Updated: Jan 3, 2018
Dec 2017:  2.04  
Nov 2017:  1.95  
Oct 2017:  1.99  
Sep 2017:  1.98  
Aug 2017:  1.94 
Units:
Percent,Not Seasonally Adjusted
Frequency:
MonthlyThis series is constructed as:
(((((1+((GS10FII10)/100))^10)/((1+((GS5FII5)/100))^5))^0.2)1)*100
where GS10, FII10, GS5, and FII5 are the 10 year and 5 year nominal and inflation adjusted Treasury securities. All of those are the actual series IDs in FRED.
5Year, 5Year Forward Inflation Expectation Rate
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Use the assigned data series variables (a, b, c, etc.) together with operators (+, , *, /, ^, etc.), parentheses {(,)}, and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, ab, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.
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This series is constructed as:
(((((1+((GS10FII10)/100))^10)/((1+((GS5FII5)/100))^5))^0.2)1)*100
where GS10, FII10, GS5, and FII5 are the 10 year and 5 year nominal and inflation adjusted Treasury securities. All of those are the actual series IDs in FRED.
5Year, 5Year Forward Inflation Expectation Rate
Customize data:
Write a custom formula to transform one or more series or combine two or more series.
You can begin by adding a series to combine with your existing series.
Now create a custom formula to combine or transform the series.
Need help? []
For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a  b.
Use the assigned data series variables (a, b, c, etc.) together with operators (+, , *, /, ^, etc.), parentheses {(,)}, and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, ab, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.
Finally, you can change the units of your new series.
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Title  Release Dates  


5Year, 5Year Forward Inflation Expectation Rate  20140516  20180102 
Source  


Federal Reserve Bank of St. Louis  20140516  20180102 
Release  


Interest Rate Spreads  20140516  20180102 
Units  


Percent  20140516  20180102 
Frequency  


Monthly  20140516  20180102 
Seasonal Adjustment  


Not Seasonally Adjusted  20140516  20180102 
Notes  


This series is a measure of expected inflation (on average) over the fiveyear period that begins five years from today. This series is constructed as: (((((1+((GS10FII10)/100))^10)/((1+((GS5FII5)/100))^5))^0.2)1)*100 where GS10, FII10, GS5, and FII5 are the 10 year and 5 year nominal and inflation adjusted Treasury securities. All of those are the actual series IDs in FRED. 
20140516  20180102 
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