Us Inflation Forecast 2024. 2 economy now expects 2024 gross domestic product growth of 1.5%, down from a previous forecast of 2.4%, and 1.2% growth next year from a prior forecast of. The report notes, “while we anticipate higher inflation rates in.

Services inflation is holding up progress on disinflation, which is complicating monetary policy normalization. The annual inflation rate in the us slowed for a fourth consecutive month to 2.9% in july 2024, the lowest since march 2021, compared to 3% in june and below forecasts of 3%.