The US dodged a recession in 2023. There's a good chance it does it again in 2024, former top Fed official says.

Tue, 12/26/2023 - 13:46

Former Dallas Federal Reserve Bank President, Robert Kaplan, stands on a stage at Stanford University's Hoover Institution where he is attending an annual monetary policy conference in Stanford, California, May 4, 2018.
Ann Saphir/Reuters

The US economy wouldn't quit in 2023.
It defied calls from plenty of experts who said a recession was bound to strike this year.
According to former Dallas Fed president Robert Kaplan, the US could repeat that success in 2024.

The US economy defied calls for a recession in 2023, and it's looking like it'll keep going strong in 2024.

According to the former president of the Dallas Federal Reserve, Robert Kaplan, it's not akin to "believing in Santa Claus" to say the American economy can keep roaring throughout the coming year.