Will We Go Into A Recession In 2024 Olympics. Some experts predict high interest rates will take a toll on the economy, making a recession likely sometime next year. As 2024 approaches, recession is still not the most likely scenario, although the chances of such have increased, according to abby joseph cohen, professor of business.
Some think a recession is likely in 2024. โwe still expect the lagged impact of the surge in interest rates to push the economy into a mild recession in the first half of this year.โ in fact, the economy may now be in a sweet spot.