2024 Recession. With inflation falling, unemployment low and the federal reserve signaling it could soon begin cutting interest rates, forecasters are becoming increasingly optimistic. Bnnbloomberg.ca spoke with economists who said they are expecting a downturn in early 2024 followed by a rebound later in the year if the bank of canada.
Explore the challenges and opportunities that. The reason interest rates remain so high is that inflation surged in 2021 and 2022 and has been slower to fall than it was to rise.