Fed Rates 2024 Vs 2024 Inflation. The june 2024 cpi report will likely increase the fed’s confidence that inflation is on the way to its 2% target. Inflation held steady in july on a yearly basis and consumer spending was robust, fresh data released on friday showed, the latest sign that progress toward cooler.
Consumer prices unexpectedly fell in june, giving some relief to household budgets and possibly confidence to federal reserve policymakers that their fight against inflation is. Us inflation rate data by ycharts.