What Was The Inflation Rate For 2025. We expect core pce inflation to hover within a 2.5% to 3.0% range for most of 2025, preventing the fomc from easing quickly enough to fully stabilize the deteriorating labor. For 2024, the organization expects inflation to decline further to 5.8 percent, which is 0.6 percentage points higher than its july โ23 prediction, as core inflation remains stubbornly elevated.
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