2024 Recession Prediction. Federal reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024, one more reduction than predicted last month,. Seven in 10 expect the.
The world economic forum’s latest chief economists outlook finds that just over half of chief economists anticipate the global economy to weaken this year. Some experts predict high interest rates will take a toll on the economy, making a recession likely sometime next year.
