Inflation Us 2024 Forecast Usa. The annual inflation rate in the us slowed for a fifth consecutive month to 2.5% in august 2024, the lowest since february 2021, from 2.9% in july, and below forecasts of 2.6%. Inflation eased across the board;

With a neutral inflation print in january and cautious optimism from the fed regarding economic strength, expectations for rate cuts have been adjusted to be between three and five in 2024, contingent on core inflation. Us economic resilience in wake of pandemic, inflation battle ‘fantastic achievement’.