Are We Still In A Recession 2024 Calendar. The lag effect suggests that a recession could develop in the first half of 2024, leading to a projected rate cut by the federal reserve in the summer of 2024. If a recession hits, it’s likely to come later than we and many forecasters once thought.
The first half of 2024 may see a downturn. Recession in 2024 at 50%, while deutsche bank sees a mild recession in the first half of the year.