Are We Heading Towards A Recession In 2024. We believe data suggests that a u.s. The world bank’s latest “ global economic prospects ” report predicts that global growth will slow to 2.4% in 2024 before edging up to 2.7% in 2025 (figure 1.a).
But an only marginally smaller group foresees a steadying or. Some experts predict high interest rates will take a toll on the economy, making a recession likely sometime next year.