Global Recession 2024 Predictions

Global Recession 2024 Predictions. Fears of a global recession are falling, but concerns are rising about china’s economy, which recently dipped into deflation. Most importantly, inflation is falling in much of the world and some central bankers have signaled likely interest rate cuts in 2024.

Questions about potential recession risks and the inflation outlook will likely persist. There is now a 35% chance that the global economy will enter a recession by the end of 2024, and a 45% chance that it will do so by the end of 2025.