What Is The Current Inflation Rate 2024 Usa

What Is The Current Inflation Rate 2024 Usa. The latest inflation report is likely to cement a 0.25% cut in the federal reserve's key interest rate, currently at about 5.3%, later this month. 16 sep 2024 02 :25am.

Inflation slowed to 2.5 percent in the year through august, but beneath the surface the details suggested that the costs of key categories, like housing, were stubborn. Over the past year, core inflation rose 3.3%, its lowest yearly rate since april of 2021.