Is A Recession Coming In 2024. Outside of europe, the consensus on the global economy is creeping toward cautious optimism. The job market is flashing a classic pattern that signals a recession is coming, citi says.
Global growth is projected to be in line with the april 2024 world economic outlook (weo) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025. Joseph lavorgna, chief economist of smbc nikko securities, believes a recession is still coming;