Global Recession 2024 Predictions. Morgan research forecasts global core inflation will remain sticky at around 3% in 2024. — global growth is projected to be in line with the april 2024 world economic outlook (weo) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025.
Many big economies will avoid recession in 2024. — in 2023, global trade growth all but ground to a halt—at 0.2%, it was the weakest performance outside of a global recession in 50 years (figure 5.b).