Inflation 2024 Forecast Usa. Consumers saw price relief at the gas pump and grocery store. With a neutral inflation print in january and cautious optimism from the fed regarding economic strength, expectations for rate cuts have been adjusted to be between.

Jerome powell, chairman of the us federal reserve, speaks during a conversation on the economic outlook at music hall at fair park in dallas, texas, us, on thursday, nov. Our strategists expect core inflation, a less volatile measure of inflation, to further moderate this year as high interest rates take a toll on the economic growth and labor market.