US Economist Warns of Potential Recession Risk as Early as 2024

Steve Hanke, Professor of Applied Economics at John Hopkins University, discussed a range of topics, including the United States’ inflating downturn, overall economic trajectory, and potential recession risk in a YouTube interview held on June 30th. He issued a warning about a possible recession. During this talk on June 30th, Hanke indicated that the current trajectory of money supply points to an impending slump, and warned of a potential recession as early as the first quarter of 2024. US Economist Forecasts Early Recession, Citing Monetary Trends “We are in this 6 to 18-month period where we’re starting to see the emergence of economic weakness, and therefore, I think we’re going to see a recession in the first quarter of next year,” he stated. Hanke, who warned of a possible recession in the first quarter of 2024, also voiced similar concerns in 2022 and drew attention to the recession risk. How […] The post US Economist Warns of Potential Recession Risk as Early as 2024 appeared first on COINTURK NEWS.