Chances Of Us Recession In 2024 Lok. — in july, the federal reserve staff announced that they were no longer forecasting a recession in 2024, marking a sharp departure from earlier projections. — the risk of a us recession by the first quarter of 2024 has hit 72% as the fed hikes rates to curb inflation.
— as 2024 approaches, recession is still not the most likely scenario, although the chances of such have increased, according to abby joseph cohen, professor of business in the economics division at columbia business school. Recent economic data has been strong, but some experts expect the us to enter a recession in 2024.
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