Global Economy May Avoid Recession In 2024. The u.s federal debt is up $6.9 trillion since december 2020 and is expected to soar another $14 trillion from 2024 to 2028, an unsustainable path. Global headline inflation is expected to fall to 5.8.
The global economy begins the final descent toward a soft landing, with inflation declining steadily and growth holding up. While the global economy may avoid a recession, europe and the united kingdom may still see its milder form, according to the poll.