- 🇺🇸 US 2025 growth forecast seen at 2.2% (previously 2.4%)
- 🇺🇸 US 2026 growth forecast seen at 1.6% (previously 2.1%)
- 🇨🇳 China 2025 growth forecast seen at 4.8% (previously 4.7%)
- 🇨🇳 China 2026 growth forecast seen at 4.4% (unchanged)
- 🇨🇳 Canada 2025 growth forecast seen at 0.7% (previously 2.0%)
- 🇨🇳 Canada 2026 growth forecast seen at 0.7% (previously 2.0%)
- 🇲🇽 Mexico 2025 growth forecast seen at -1.2% (previously 1.2%)
- 🇲🇽 Mexico 2026 growth forecast seen at -0.6% (previously 1.6%)
OECD notes that their simulation shows that a broad-based trade war could shave 0.3% off global growth and 0.7% for the US economy itself. Amid such circumstances, they also warn that higher-than-expected inflation could prompt more restrictive monetary policy and spook financial markets.
This article was written by Justin Low at www.forexlive.com.
#OECD #cuts #global #growth #outlook #tariffs #set #weigh #Forexlive
latest news today, news today, breaking news, latest news today, english news, internet news, top news, oxbig, oxbig news, oxbig news network, oxbig news today, news by oxbig, oxbig media, oxbig network, oxbig news media
HINDI NEWS
News Source
