Recession In 2024. In early 2023, with high inflation and rising mortgage rates, there was all but. A recession would probably strike by the end of 2024, colliding with campaigning for the presidential election.

The reserve bank of india (rbi) has projected a 6.5 per cent gdp growth in the current financial year ending march 2024. The risk of a recession has been elevated since the fed began its tightening cycle in march 2022, fed chair jerome.