Us Recession 2024 News Update. After a period of rapid interest rate hikes, the pace of inflation fell from more than 9% in the summer of 2022 to its current levels of between 3% and 4%. A recession would probably strike by the end of 2024, colliding with campaigning for the presidential election.
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There's A Large Number Of Warnings Flashing For The Us That Suggest The Economy Is On A Nearly Certain Path To Recession, B.
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Global Growth Is Projected To Stay At 3.1 Percent In 2024 And Rise To 3.2 Percent In 2025.
After a period of rapid interest rate hikes, the pace of inflation fell from more than 9% in the summer of 2022 to its current levels of between 3% and 4%.
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For The Past Year, The Fed Has Held That Rate At Approximately 5.5%.
The familiar precursors of a recession have arrived:
Elevated Central Bank Rates To Fight Inflation And A Withdrawal Of Fiscal.
After a period of rapid interest rate hikes, the pace of inflation fell from more than 9% in the summer of 2022 to its current levels of between 3% and 4%.