Us Inflation Rate September 2024 Election. Investors responded with bets that planned tax cuts and increased tariffs would push up inflation and reduce the speed of interest rate cuts. The median us home price was $434,568 in september, up 5.1% on an annual basis, according to redfin.
Frank blackmore, lead economist at kpmg, says the inflation rate of 2.8% is way below the sarbโs target level of 4.5%. A key measure of inflation met analystsโ expectations as markets predict an interest rate cut in september.