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Published 5 months ago

What recession? Professional forecasters raise expectations for US economy in 2024

  • The US economy is expected to grow by 2.2% in 2024, up from previous forecasts of 1.3%.
  • The Federal Reserve plans to cut short-term rates to ease economic pressures and boost investments.
  • Despite initial recession fears, positive economic signals like the stock market surge have led to a more optimistic outlook for economic growth.
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