Uk Recession 2024 Predictions . The stock market has been on a tear since its october 12, 2022 bottom, with the s&p 500 and nasdaq 100 up 70%. The national institute of economic and social research (niesr) assigns a 60% probability to a recession in the uk by the end of 2024, while the institute for fiscal studies (ifs) warns of a “moderate” recession in the first.
The uk should avoid a recession by the skin of its teeth, but another year of stagnation looks likely as the impact of rising household incomes are offset by the growing. The latest inflation figures are set to be announced on wednesday morning.
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