US could face a ‘mild recession’ in 2024: economist

A recession is unlikely for 2022, but it’s not 100% off the table, says one prominent Wall Street economist.

Nomura Chief U.S. economist Robert Dent told Yahoo Finance Live he sees the potential for a “mild recession.”

“When we think of a mild recession I think the best example is probably what happened in 2021, maybe a 2 percentage point increase in the unemployment rate, a couple of quarters of weak GDP growth,” Dent said. “In terms of time willing, we are most concerned about potentially…


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