Current Inflation Rate 2024 Usa Forecast. Us inflation rate seen nearing fed’s 2% goal next year in cbo forecast. 131 rows the annual inflation rate for the united states was 2.6% for the 12.
Cbo expects that after holding the federal funds rate between 5.25 percent and 5.50 percent through the first quarter of 2024, the federal reserve will begin reducing that rate in the second quarter of 2024 in response to slowing. We expect that core inflation will decrease to 3.0% in 2024, primarily.