Are We In A Recession June 2024. With the federal reserve increasingly expected to delay any changes in the federal funds rate until later in 2024, the latest update recession probability track. Previous estimates by bloomberg economics show the chance of a us recession by the start of 2024 is roughly three in four.
With inflation falling, unemployment low and the federal reserve signaling it could soon begin cutting interest rates, forecasters are becoming increasingly optimistic. Job seekers attend a job fair in sunrise, fl., on june 26, 2024.