Current Inflation Rate 2024 Usa Flag. The june 2024 cpi report will likely increase the fed’s confidence that inflation is on the way to its 2% target. Inflation refers to the rise in prices of goods and services over time, which reduces the purchasing power of the dollar.

The june 2024 cpi report will likely increase the fed’s confidence that inflation is on the way to its 2% target. The uptick in september’s core cpi reminds us that inflation.