2024 Inflation Rate Forecast Us. The annual inflation rate in the us likely slowed for a sixth consecutive month to 2.3% in september 2024, which would be the lowest since february 2021, from 2.5% in august. The us inflation rate remains stubbornly above 3%, but economic observers expect it to fall closer to its 2% target by the end of 2024.
Private sector experts expect inflation to drop below 2.5% in 2024, according to the federal reserve bank of st louis. The cleveland fed produces nowcasts of the current period’s rate of inflation—inflation in a given month or quarter—before the official cpi or pce inflation data are released.
2024 Inflation Rate Forecast Us Images References :