Us Recession 2024 News Today. Politics could distort the government’s response to a. 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.

Rate hikes to counter inflation lift risk of a downturn to 72% in bloomberg economics models — heralding trouble for the white house. Get predictions about home affordability, inflation, recession potential, consumer confidence and more.