2024 Recession Prediction Meaning. For much of 2024, it appeared the federal reserve had successfully navigated a tricky line, tempering the hottest inflation in four decades while keeping the u.s. A recession has been avoided in 2023.
In light of recent economic developments, j.p. While everyone talks about “higher for longer” interest rates, our economists predict that inflation will fall back to central bank targets in 2024 and remain low.