There’s a nearly 75% chance the Fed triggers a US recession within 2 years, which could cost Biden re-election, new study says

• There’s a 72% chance the Federal Reserve could cause a recession by 2024, Bloomberg Economics says.

• In February, the same models forecasted nearly zero chance of a downturn by that time.

• The latest forecast came after the central bank made its largest interest rate hike since 1994 to combat inflation.

The odds that the US economy will fall into a recession by early 2024 have soared to nearly three-in-four in just a few months as the Federal…