Are We In A Recession 2024 Or Not

Are We In A Recession 2024 Or Not. With inflation falling, unemployment low and the federal reserve signaling it could soon begin cutting interest rates, forecasters are becoming increasingly optimistic that the. Others point to the economy's recent 4.9% growth to show a recession isn't likely.

Typically, a recession is defined by a decline in economic activity that lasts more than a few months, the nber says. Jpmorgan chase ceo jamie dimon said the worst outcome for the us economy is stagflation.