Inflation is the rate of currency devaluation. It is not "up" 2.4%, the rate of inflation is currently 2.4% per year. That rate is down from the peak of over 9% in 2022.
Deflation is extremely bad, so typically 2% per year is the stated goal.
It absolutely is not. "Year over year" is a relative measure. Inflation is 2.4% above where it was this time last year. The inflation rate is almost certainly double digits at this point.
Inflation is the rate of currency devaluation. It is not "up" 2.4%, the rate of inflation is currently 2.4% per year. That rate is down from the peak of over 9% in 2022.
Deflation is extremely bad, so typically 2% per year is the stated goal.
It absolutely is not. "Year over year" is a relative measure. Inflation is 2.4% above where it was this time last year. The inflation rate is almost certainly double digits at this point.
The random person on twitter that OP is quoting is misusing the terms and is generally confused about relative vs absolute numbers.
Here's a graph: https://tradingeconomics.com/united-states/inflation-cpi
2% is a number they pulled out of their asses. Give me price stability