Inflation Rate 2024 Usa Forecast

Inflation Rate 2024 Usa Forecast. The us inflation rate is seen easing closer to the federal reserve’s 2% target next year in the latest forecast from the congressional budget office, as economic growth and. Inflation, as measured by the growth rate of the price index for personal consumption expenditures (pce), is projected to be 0.4 percent in 2020 and to nearly reach 2.0.

Consumer spending, investment, and government spending will all grow by at least 2% in 2024; Economists polled by the wall street journal forecast a mild 0.2% in increase in consumer prices in the first month of 2024.