2024 early trends show persistent high prices, stubborn inflation, and wholesale inflation partly due to goods price surges, with annual inflation above 3%.

2024 early trends show persistently high prices and stubborn inflation, despite consumers continuing to spend. Wholesale inflation partly stems from goods price surges, while the annual inflation rate remains above 3%. In contrast, market confidence persists, anticipating lower interest rates this year. The Federal Reserve is expected to reinforce its anti-inflation stance in upcoming meetings.