Does Recession Coming In 2024. Apr 8, 2024, 8:08 am pdt. Gdp grew 5.2% in the third quarter of 2023, but the latest federal reserve economic projections suggest that growth will slow to just 1.4% for the full year.
Gdp grew 5.2% in the third quarter of 2023, but the latest federal reserve economic projections suggest that growth will slow to just 1.4% for the full year. The risk of a recession has been elevated since the fed began its tightening cycle in march 2022, fed chair jerome powell told.