Us Inflation Rate 2024 Predictions. Private sector experts expect inflation to drop below 2.5% in 2024, according to the federal reserve bank of st louis. Inflation eased across the board;
In the u.s., the fed raised its benchmark interest rate 11 times between 2022 and 2023 as a lever to tame inflation. We expect moderating shelter inflation in 2024 as the lag in market rents pricing should catch up in the inflation readings.