Here is a quick update on the October #inflation expectations provided by @UMich. For the upcoming one-year period, the expected rate is +4.7%, which comes in slightly under the +4.8% estimate but remains higher than the prior reading of +4.6%. Looking further ahead to the 5-10 year timeframe, expectations landed at +3.5%. This perfectly matches the +3.5% estimate and represents a small increase from the previous mark of +3.4%.