Inflation Rate For 2024 And 2025. Inflation forecast is measured in terms of the consumer price index (cpi) or harmonised index of consumer prices (hicp) for euro area countries, the euro area aggregate and the united kingdom. With inflation still above the us federal reserve’s inflation target of 2 per cent, economists are betting the pace of us rate cuts in 2025 will be slower than expected.
Economists in general are predicting headline inflation to hover between 1.8% to 1.9% for the whole of 2024, while forecasting price increases to be on the uptick in 2025. The jury is still out, but the global economy is staunchly weathering the aggressive restraint of monetary policy.
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