Inflation Rate 2024 Predictions. The june 2024 cpi report will likely increase the fed’s confidence that inflation is on the way to its 2% target. Possible implications for the fed.
Data from the bureau of labor statistics showed july’s annual inflation rate hit 2.9 percent, dipping below 3 percent for the first time since march 2021, when price increases. With disinflation and steady growth, the.