Eva Lorrin

The Economist 2024 Predictions For Inflation. The liberal economist paul krugman agrees with you that runaway inflation didn’t follow from setting interest rates at zero for decades and that the fed probably engineered a. After soaring to 6.5% in 2022 and 3.7% in 2023, pce inflation should post an annual average of 2.4% in 2024.

Morgan research forecasts global core inflation will remain sticky at around 3% in 2024. We expect headline inflation to hover slightly above the 2% target of the federal reserve (fed, the central bank) throughout the forecast period.