2024 Inflation Rate Forecast Usa. Pce inflation forecast to slow in 2024 as price pressures ease; The polls can't tell us who will win.

After posting a 1.9% annualized rate in the final six months of 2023, core pce inflation jumped to a 4.5% annualized rate in the three months ended in march 2024. The july 2024 cpi report will likely increase the fed’s confidence that inflation is on the way to its 2% target and position the fed to cut interest rates in september.