Us Inflation Rate 2024 Forecast Cnn

Us Inflation Rate 2024 Forecast Cnn. The federal reserve’s preferred inflation gauge, the personal consumption expenditures price index, was up 2.5% for the 12 months that ended in february, a faster. The fed aims to keep inflation at that level “on a sustainable basis,” meaning inflation has to hover closely around 2% for an extended period.

The agency blamed sticky services price inflation — partly driven. The federal reserve’s preferred inflation gauge, the personal consumption expenditures price index, was up 2.5% for the 12 months that ended in february, a faster.