Economists at JPMorgan Chase & Co. have discarded their previous prediction of an impending recession in the United States, aligning with an increasing number of analysts who believe the economy will dodge a downturn. The bank’s economists now anticipate sustained economic growth this year, followed by a period of “modest, sub-par growth” in 2024. Despite the optimistic outlook, the risk of a downturn is still very elevated, especially if the Federal Reserve continues to increase interest rates. Earlier this week, Bank of America Corp. also revised its forecast, reflecting a growing optimism about the economic outlook.