Recession 2024 Usa Latest News Today. The federal reserve is taking action, and its decisions will be critical to the length and severity of any recession. 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.

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. 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.