Chances Of Us Recession In 2024 Pdf. Morgan research indicated a 35% probability of a u.s. And global recession in 2024 due to signs of weakening economic growth and a softer labor market.
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. For example, the employment situation report for july 2024, showed unemployment at 4.3% up from 3.5% a year earlier.
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