Risk Of Recession May Reappear In 2024. India's finance ministry has said a recession may appear in 2024 due to uncertainties related to higher food and energy prices and geopolitical tensions. The federal reserve may have.
But economists surveyed by the wall street journal in late 2022 and most of 2023 estimated the risk of recession to exceed 50%. Despite their relative positivity, respondents also believe a recession seems increasingly likely (exhibit 2).