Current Us Inflation Rate 2024 Forecast. The q3 2024 forecast indicates how robust consumer spending, high business investment, and lower interest rates have kept optimism about the us economy intact. Investors are now betting on the fed implementing another 0.25% rate cut this month, though the inflation data released on dec.
We finally saw a welcome move with lower shelter price pressures (inflation coming from the housing market). The personal consumption expenditures price index (pcepi), which is the federal reserve’s preferred measure of inflation, grew at a continuously compounding annual rate of 2.9 percent in october 2024.
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