Recession 2024 Update
Recession 2024 Update. Global growth is projected to stay at 3.1 percent in 2024 and rise to 3.2 percent in 2025. We continue to pencil in 75 bps of rate cuts in 2024, with the first cut likely coming in the summer. The reserve bank of india (rbi) has projected a 6.5 per cent gdp …