Monthly Inflation Rate 2024. “it really ticks the box for a september rate cut,” says gennadiy. Cpi is widely used as a macroeconomic indicator of inflation, as a tool by governments and central banks for inflation targeting and for monitoring price stability, and as deflators in.
The results of the survey found that, on average, consumers said they preferred an inflation rate of zero percent. Private sector experts expect inflation to drop below 2.5% in 2024, according to the federal reserve bank of st louis.