Inflation Rate 2024 Usa Forecast

Inflation Rate 2024 Usa Forecast. The us inflation rate is seen easing closer to the federal reserve’s 2% target next year in the latest forecast from the congressional budget office, as economic growth and labor market activity. The annual inflation rate for the united states was 2.9% for the 12 months ending july, compared to the previous rate increase of 3%, according to u.s.

Private sector experts expect inflation to drop below 2.5% in 2024, according to the federal reserve bank of st louis. The forecast for q2 2024 shows confidence in the us economy, supported by consumer spending, business investment, and a robust job market.