2024 Inflation Rate Forecast Usa. The annual inflation rate for the united states was 2.6% for the 12 months ending october, compared to the previous rate increase of 2.4%, according to u.s. The annual inflation rate in the us likely accelerated to 2.6% in october 2024, up from 2.4% in september which was the lowest rate since february 2021, marking the first increase in inflation in seven months.
We forecast core pce prices—the fed’s preferred inflation metric—to rise 2.4% in 2024, down. We expect that core inflation will decrease to 3.0% in 2024,.
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