U.S. Cpi Forecast 2024. The federal reserve bank of cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (pce) and. The cpis are based on prices of.

After soaring to 6.5% in 2022 and 3.7% in 2023, pce inflation should post an annual average of 2.4% in 2024. Cpi report shows inflation at a 3.1% annual rate,.