2024 Inflation Rate Usa
2024 Inflation Rate Usa. The federal reserve succeeds in walking the tightrope to a soft landing by cutting rates twice in the second half of 2024 and. The current inflation rate in the us is 2.89%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in july 2024.
Consumer prices rose 2.9 percent in the year through july, a downtick from the prior month. The consumer price index rose 3% in june 2024 from a year earlier, a decline from 3.3% in may, according to the u.s.