Inflation Us May 2024 Forecast. We expect inflation to return to the fed’s 2% target in 2024 and stay there in the following years. Private sector experts expect inflation to drop below 2.5% in 2024, according to the federal reserve bank of st louis.
Cheaper gasoline, car insurance ease inflationary burden Economists expect the overall pce price index to rise 2.6% on an annual basis in may, according to factset’s consensus estimates.
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