Recession 2024 Predictions. 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 us job market blew past economists' predictions, with total nonfarm payrolls increasing by 254,000 last month — over.

Most importantly, inflation is falling in much of the world and some central bankers have signaled likely interest rate cuts in 2024. Global inflation is forecast to decline steadily, from 6.8 percent in.