Us Inflation Rate 2024 Forecast Reddit. In august 2024, core cpi rose 3.2% yoy and headline cpi rose 2.5% yoy. Inflation rate in the united states increased to 2.60 percent in october from 2.40 percent in september of 2024.
After the november bad news inflation numbers (4% annualized in 2023) and job statistics, the experts predicted there was no way the fed was going to cut rates this year. In fact, those experts were just praying that the fed wouldn’t jack.