Is There A Global Recession 2024. Peter berezin, the chief global strategist for bca research, has suddenly claimed that the chances of a nationwide recession could become a major possibility ever since. Global growth is projected to be in line with the april 2024 world economic outlook (weo) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025.
We see a 25% chance of recession by the first half of 2024, 45% by the second half of 2024 and 60% by the first half of 2025. Executives’ views on the world economy remain more positive than negative, though they believe a recession is increasingly likely.
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