June 2024 Economic Outlook: Disinflation Celebration and the Fed’s Rate Cut Hesitation
Natalie Gallagher, Principal Economist at Prevedere, discusses the economic headlines in our June U.S. Economic Outlook report. Natalie considers the latest slowing of inflation, unexpected wage growth and job creations, and how Prevedere is interpreting this data to help inform your organization’s planning and decision-making.
Highlights from her analysis include:
- Detailing the drivers behind the Consumer Price Index (CPI) report which showed inflation slowing to 3.3% (from 3.4%), and Prevedere’s forecast for the rest of 2024.
- Reviewing the latest FOMC Dol Plot update, examining expectations for Federal Reserve rate cuts, including Prevedere’s own perspective.
- Implications for business outlook and management decisions regarding pricing, costs, and overall profitability.
Access the June report and feel free to contact us if you have questions or would like to discuss the details driving Natalie’s analysis.
***
About Prevedere, Inc.
Prevedere is the world’s leading provider of predictive analytics technology and solutions based on econometric modeling, enabling intelligent enterprises to understand and quantify the impact of external factors as part of their strategic planning and forecasting. Our global data repository and patented AI platform enable financial executives and operational planners to identify market drivers, quantify the future impact of economic volatility, generate performance forecasts, and optimize plans based on market foresight.
Prevedere’s automated AI model monitoring provides an early warning system when unplanned market shifts and anomalies are predicted, enabling planners to future-proof business performance. Many of the world’s leading consumer packaged goods, retail, logistics, and manufacturing companies leverage Prevedere to generate economic intelligence, spot market opportunities, mitigate risks, and deliver exclusive competitive advantage.