Recession 2024 Usa Latest News. Was about to tumble into a recession โ thanks to the federal reserve's 11 interest rate hikes since early 2022 and signs that. The latest federal reserve economic projections suggest that growth will rebound to an annual rate of 2.1% in 2024, but accelerating growth may prove difficult unless the fed can cut interest.
The most recent gross domestic product report published last week showed the u.s. Employers have slowed hiring, adding an average of about 170,000 jobs each month for the last three months, and just 114,000 in july, versus 267,000 a month in the first quarter of 2024, and.