Rate Of Inflation 2024 Usa Forecast

Rate Of Inflation 2024 Usa Forecast. The cpi and ppi data may dictate if the fed cuts interest rates. This is a huge driver for the stock market, and i expect that economic sentiment will be a massive driver for the rest of 2024 and 2025.

Broad declines in energy and gasoline prices contributed to a lower headline annualized inflation reading relative to august, while shelter and food prices drove over 75% of. 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.