Risk Of Recession May Reappear In 2024. Economic downturn was considered the number one risk over the next two years by a significant number of regions, including the us and over 20 european countries. Economy confounded expectations to grow 2.4% last year and is seen expanding 1.2% in 2024, a reuters poll showed, while the euro zone is expected to have grown 0.5% in 2023.
Experts put the odds of a recession between now and july 2024 at 59 percent, according to the average forecast in bankrate’s latest quarterly survey of the nation’s top. According to the international monetary fund (imf), the american gross domestic product (gdp) should in fact grow by 1.5% in 2024, after growing 2.1% in 2023.
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