Recession 2024 When Will It Start 2024. The baseline forecast is for the world economy to continue growing at 3.2 percent during 2024 and. In early 2023, with high inflation and rising mortgage rates, there was all but a consensus that the united states.

Elevated central bank rates to fight inflation and a withdrawal of fiscal support amid high debt weigh on economic activity.  — 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.