Us Recession 2024 News Article. That’s why some economists are pleading with the fed to ease up its inflation fight—before high interest rates, which it’s used to tame surging prices, grind the us economy. The risk of a us recession by the first quarter of 2024 has hit 72% as the fed hikes rates to curb inflation.

Equities dropped sharply, the dollar weakened, and bonds and the yen strengthened. Now wallets are thinner, and some.