Are We Entering A Recession 2024. The lag effect suggests that a recession could develop in the first half of 2024, leading to a projected rate cut by the federal reserve in the summer of 2024. As 2024 approaches, recession is still not the most likely scenario, although the chances of such have increased, according to abby joseph cohen,.
It has been a wild couple of days on the australian (and global) share market. Goldman sees no recession this year and estimates 2024 gdp growth to be double the consensus.