Chance Of Recession In 2024. Some experts predict high interest rates will take a toll on the economy, making a recession likely sometime next year. That’s almost a percentage point higher than fed officials’.
For many americans, 2023 was a hard year financially, but will what’s coming be better or worse? She thinks there’s a 65% chance of a mild recession in 2024 and predicts the unemployment rate will rise to 5% by the third quarter.
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![Will the U.S. Get Hit With a Recession in 2024? [INFOGRAPHIC] America](https://www.visualcapitalist.com/wp-content/uploads/2023/10/Comparing_U.S._Economy_Forecasts.jpg "Will the U.S. Get Hit With a Recession in 2024? [INFOGRAPHIC] America")
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Will the U.S. Get Hit With a Recession in 2024? [INFOGRAPHIC] America, Previous estimates by bloomberg economics show the chance of a us recession by the start of 2024 is roughly three in four.
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