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Cryptocurrencies: 28005
Markets: 116055
Market Cap: $3,052,473,135,211     
24h Vol: $86,926,750,486
Coin-turk.com 2023-07-01 18:43:34

US Economist Warns of Potential Recession Risk as Early as 2024

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.
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