Us Inflation Rate 2024 Predictions. The us inflation rate remains stubbornly above 3%, but economic observers expect it to fall closer to its 2% target by the end of 2024. More rate cuts are likely in 2025 as inflation continues to cool.

The us inflation rate is seen easing closer to the federal reserve’s 2% target next year in the latest forecast from the congressional budget office, as. The annual inflation rate in the us slowed for a fourth consecutive month to 2.9% in july 2024, the lowest since march 2021, compared to 3% in june and below forecasts of 3%.