Are We In A Recession In 2024. During the q&a session following the latest fomc meeting last week, fed chair jerome powell stated that signs of an impending recession were “just not in the data.”. A recession is likely to hit the us economy in 2024, a new economic model highlighted by the economist david rosenberg suggests.
Why a weaker jobs market is sparking recession fears. While the risk of a global recession is lower in the year ahead, two g7 economies dipped into recession at the end of 2023.