Inflation 2024 Forecast

Inflation 2024 Forecast. This said, inflation expectations have been pared back from their high levels across all regions. The global economy has managed to avoid falling into a recession even though the world’s central banks have raised interest rates to their highest levels in years.

The consumer price index was expected to show a 0.1% increase in september and a 2.3% gain from a year ago, according to dow jones consensus estimates. Private sector experts expect inflation to drop below 2.5% in 2024, according to the federal reserve bank of st louis.