Us Inflation Rate 2024 Predictions

Us Inflation Rate 2024 Predictions. Looking ahead into 2024, forrester expects headline inflation to decrease from an average of 4.1% in 2023 to 2.6% in 2024. Nowcasts for inflation from the federal reserve bank of cleveland project that headline cpi will come in at 0.24% for the month of july and.

Global headline inflation is expected to fall to 5.8 percent in 2024 and to 4.4 percent in 2025, with the 2025 forecast revised down. The july 2024 cpi report will likely increase the fed’s confidence that inflation is on the way to its 2% target and position the fed to cut interest rates in september.