Current Usa Inflation Rate 2024. Why is inflation so high right now? The uptick in september’s core cpi reminds us that inflation pressure hasn’t fully dissipated, which should keep the fed on a gradual pace of rate cuts going forward.
Inflation rate for 2022 was 8.00%, a 3.3% increase from 2021. The consumer price index was expected to show a 0.1% increase in september and a 2.3% gain from a year ago, according to dow jones consensus estimates.