Chances Of Us Recession In 2024. A recession is coming in the u.s., and ‘a few rate cuts’ won’t prevent it, says strategist. Charlie dougherty, senior economist at wells fargo.

“going from 9% to 4%,. In following months, the model’s recession forecast went on to rise above an 80% probability, which would apply for the months between july 2023 and july 2024.