Inflation 2024 Forecast Usa. Global inflation is forecast to decline steadily, from 6.8 percent in 2023 to 5.9. The personal consumption expenditures price index (pcepi), which is the federal reserve’s preferred.
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. Bets that the fed would cut rates at its next meeting firmed after the november payrolls report.
