Chances Of Us Recession In 2024 In India. September 23, 2024 at 1:34 am edt. The national bureau of economic research, the official arbiter of recessions in the united states defines a recession as a significant decline in economic activity spread across the economy, lasting more than a few months.
Rate cuts in the us will only increase liquidity, which can result in higher fdi and fii flows into india in 2024. The sahm rule recession indicator, which breached the 0.50 threshold, has historically signaled the early stages of a recession in the u.s.
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