OECD Upgrades Global Growth Outlook Despite Tariffs

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Source: CNBC
OECD Upgrades Global Growth Outlook Despite Tariffs
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TL;DR Summary

The OECD has upgraded its global economic growth forecast to 3.2% for 2025, citing resilience in many economies despite risks from high tariffs, policy uncertainty, and inflation. The US growth forecast was also raised to 1.8%, though it remains below 2024 levels, with concerns about the impact of tariffs and trade tensions on future growth. Inflation is expected to slightly decrease, but risks such as further tariff hikes and financial market volatility persist.

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