Are We In A Recession 2024 Ukraine. A recession would probably strike by the end of 2024, colliding with campaigning for the presidential election. David malpass says it's too early to say if the war in ukraine will lead to a global recession.
Randy kroszner, deputy dean at the university of chicago booth school of business and a former federal reserve governor, said recession risks would show up. Countries around the world are facing recession as the ukraine war hits economies already rocked by the covid pandemic, the world bank has warned.