2024 Inflation Forecast Usa. Us inflation risks are rising as consumer spending growth proves more robust than expected, impending tariff hikes are set to push up. The federal reserve cut interest rates by a quarter point, the second reduction this year.
Morgan research forecasts global core inflation will remain sticky at around 3% in 2024. Private sector experts expect inflation to drop below 2.5% in 2024, according to the federal reserve bank of st louis.