2024 Inflation Forecast Usa. Inflation rate in the united states decreased to 2.40 percent in september from 2.50 percent in august of 2024. Recent years have highlighted inflation’s impact on americans’ daily lives, from housing and healthcare to groceries and fuel, placing pressure on policymakers to provide solutions.
The federal reserve bank of cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (pce) and the consumer price index (cpi). In america, slower economic growth coupled with a softening labor market could ease inflation, which is forecast to reach 2.6% in 2024.