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Long-Term Inflation Edges Up

September 11, 2023

Ten-Year Expected Inflation

The August readout on long-term expected inflation from the Federal Reserve shows a small month-over-month increase. The 10-year projection is 2.13%. In July, the projection was 2.06 %. The indicator has entered a new period of volatility after a steady increase from 2020 through mid-2022.