Us Inflation Rate 2024 Today News. Updated 9:38 am pst, may 15, 2024. The federal reserve is expected to continue lowering interest rates when it meets next week, one day after the election.
Consumer prices climbed 3.2% in february as 2% goal remains elusive. Inflation has cooled dramatically from a peak of about 9% in 2022, hovering right near the federal reserveโs target rate of 2%.
