2024 Market Outlook
https://www.transamerica.com/2024-market-outlook
… likely head toward 3% during 1H 2024. Inflation on the mend Key Inflation Rates Since January 2021-October 2023 CPI - Source: Bureau of Labor Statistics, as of 10/31/23; PCE - Bureau of … shows the change in the real rate of interest since inflation began to rise materially in 2021. The real rate of interest is calculated by subtracting the federal funds rate (upper bound) …