Us Economy Recession 2024 News. The nber declared the recent covid recession to be just two months, ending in april 2020. Economy grew faster in the second quarter of 2024 than first reported, suggesting there was little sign of a slowdown through the first six months of the year.
Economy is on relatively solid footing in the second half of 2024. 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.
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