Experts Divided on Likelihood of 2024 Recession Due to High Interest Rates
-
Some experts predict high interest rates will lead to a recession in 2024, while others think the economy will avoid a downturn.
-
Investors like Ken Griffin and Marc Lasry think a recession is likely next year due to high rates slowing spending.
-
Analysts point to strong consumer finances as a reason the US may avoid a recession in 2024.
-
Expert views are mixed, with some forecasting a 50% chance of recession next year.
-
Factors like interest rate cuts and reduced government spending could impact whether a recession hits in 2024.