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The current annualinflationrate is 2.5%, the lowest its been since February 2021.
Will inflation keep going down in 2025?
Has your cost of living fallen by 6%?
Inflation doesnt just disappear overnight, said Joseph Camberato, CEO atNational Business Capital.
Theres been real progress since June 2022, Camberato said.
But realistically, inflation tends to hover around 3%, and thats a normal range.
Whats key here is the Feds decision to start lowering rates, Camberato said.
We will have a better idea of what to expect once we know whoour next commander-in-chiefis.
But even then, the future of inflation will take time to make landfall.
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