Us Inflation 2024 Forecast

Us Inflation 2024 Forecast. The rate of inflation jumped in the first quarter of 2024, after easing since late 2022. We expect that core inflation will decrease to 3.0% in 2024, primarily.

We forecast core pce prices—the fed’s preferred inflation metric—to rise 2.4% in 2024, down. With a neutral inflation print in january and cautious optimism from the fed regarding economic strength, expectations for rate cuts have been adjusted to be between.