Will There Be A Recession In 2024. Gdp is now estimated to have grown in the second quarter of 2022 at a 0.3% annual rate. The federal reserve bank of new york says that there's a 56% probability that the u.s.
Some think a recession is likely in 2024. The fed funds futures market suggests that investors are expecting at least three rate cuts by the end of the year, according to the cme fedwatch tool.