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A newly revised report on the global economic outlook by the 38-nation OECD shows that expectations for global growth have been lowered in the face of the trade war.
The OECD's forecast projects a slowdown in U.S. economic growth due to tariffs, with GDP growth at 1.5% in 2026 and inflation reaching 3.9% by the end of 2025.
World economic growth is also forecast to slow to 2.9% this year and stay there in 2026, according to the OECD's forecast. That would mark a substantial deceleration from growth of 3.3% global ...
Economic growth including the contribution from multinationals or Gross Domestic Product soared by 9.7% in the first three months of this year as exports to the US ramped up ahead of tariffs being ...
U.S. job growth over the first five months of 2025 is the worst since the Great Recession. When Donald Trump says the economy is “booming,” he’s wrong.
World Economic Outlook - All Issues World Economic Outlook Update January 2021 Policy Support and Vaccines Expected to Lift Activity Read full report PDF Download the Data Although recent vaccine ...
The Labor Department reported that the U.S. economy added 139,000 jobs in May, as employers slowed the pace of hiring amid uncertainty over the economy as well as tax and trade policy.
The OECD cut its forecast for US economic growth in 2025 from 2.8% to 1.6%. It cited President Donald Trump's tariffs, which had pushed the US import rate to the highest level since 1938.
In its latest economic statement, the Reserve Bank forecast annual GDP growth of 1.8 per cent by the end of the June quarter, picking up to 2.1 per cent by the end of this year — a downgrade to ...
Once upon a time, America’s CEOs felt free to criticize government policies, often with a familiar complaint. Former Verizon Communications CEO Ivan Seidenberg explained that “By reaching into ...
Despite a temporary uptick in inflation ahead owing to tariffs, we expect softening economic growth to push the Fed to lower rates. For the full details, see our US Economic Outlook. Get the full ...
Headwinds from prolonged global policy uncertainty, distortionary trade measures, and growth deceleration in the economies of important trading partners are influencing economic growth in Asia and the ...
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