Recession 2024 Usa Latest News 2024. Economists increased the probability of a us recession in the next year to 25% from 15%, but said there are several reasons not to. 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.

The economy has shrugged off fearmongering about a recession following 525 basis points worth of interest rate hikes from the federal reserve since march 2022. The main reason that economists predicted a recession last year is that they expected the fed to cause one.