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Inflation Rate 2024 Predictions Usa

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. Congress has given the fed two main jobs:

Our economists forecast just under 2% consumption growth, with real disposable income growth of nearly 3% partly offset by a 1pp rise in the saving rate and. The annual inflation rate in the us is expected to fall for a third straight month to 3.1% in june 2024, the lowest since january, compared to 3.3% in may.