Us 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. Economists polled by the wall street journal forecast a mild 0.2% in increase in consumer prices in the first month of 2024.

Inflation in europe falls below 2% and opens the way for faster rate cuts. Trading economics provides data for 20 million economic indicators from 196 countries including actual values, consensus.