The US inflation rate has continued to fall in the fall of 2024, though it remained higher than the Federal Reserve's target of 2% (CNBC, Investopedia). The question will be suspended on 31 March 2025 and the outcome determined using the 12-month percentage change for March 2025 when first released by the Bureau of Labor Statistics (BLS) for "All items" as reported by the Federal Reserve Economic Data (FRED) database, expected in April 2025 (FRED, click "EDIT GRAPH" and change "Units" to "Percent Change from Year Ago"). As of the launch of this question, the change for March 2024 was 3.47513%. Confused? Check our FAQ or ask us for help. To learn more about Good Judgment and Superforecasting, click here. To learn more about how you can become a Superforecaster, see here. For other posts from our Insights blog, click here.