Why a US Recession Might Happen in Time for 2024 Election
The US economy has proven resilient after more than a year’s worth of interest-rate hikes, with a steady drumbeat of recession predictions having been proven wrong. New data released this week continued to point away from a downturn. Still, some forecasters warn a recession might still be coming, and that it could coincide with the 2024 presidential election.
On this week’s episode, we look at how the current leading candidates for the White House are framing the economy. Bloomberg Senior Reporter Nancy Cook describes the challenge facing President Joe Biden: the economy has thrived on his…
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