Inflation Rate 2024 Forecast. — 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. Tighter monetary policy and falling energy prices are forecast to.
Inflation forecast is measured in terms of the consumer price index (cpi) or harmonised index of consumer prices (hicp) for euro area countries, the euro area aggregate and. Inflation rate in the united states decreased to 2.90 percent in july from 3 percent in june of 2024.