Is Us Heading For Recession In 2024 Uk
Is Us Heading For Recession In 2024 Uk. The combination of high inflation, falling real wages and a sharp rise in mortgage rates could belatedly push the uk economy into recession by the election. The fed is done cutting interest rates for the rest of the year, according to ed yardeni.
For 2023, the uk economy grew by just 0.1%, down from growth of 4.3% in 2022 and below the 2023 outturns for the us (2.5%) and the eurozone (0.5%). October 6, 2024 at 11:31 pm pdt.
