Global headline inflation is forecast to continue its decline, from 5.9% in 2024 to 4.5% in 2025, with advanced economies expected to return to their inflation targets sooner. However, core inflation is generally projected to decline more gradually, with elevated central bank rates and geopolitical tensions remaining key factors. credit : ?????
Eurozone Growth Forecast Downgraded Amid US Tariff Impact
The European Commission has downgraded its eurozone GDP growth forecast to 0.9% in 2025, down from 1.3%, primarily due to the reintroduction of US trade tariffs. The steel and automotive industries in the euro area are identified as particularly vulnerable, being highly export-oriented and tariff-sensitive. credit : ????????????
OECD Outlook: Global Growth Slows, Trade Barriers a Key Factor
The latest OECD Economic Outlook projects global growth to slow from 3.3% in 2024 to 2.9% in both 2025 and 2026. The report highlights that substantial barriers to trade, tighter financial conditions, diminishing confidence, and heightened policy uncertainty, especially new tariff hikes, are adversely impacting growth prospects globally. credit
IMF Projects Stable but Underwhelming Global Growth for 2025
The International Monetary Fund (IMF) projects global growth to remain stable but underwhelming, at 3.3% in both 2025 and 2026. While an upward revision in the United States offsets downward revisions elsewhere, the balance of risks remains tilted to the downside, with concerns over persistent inflation, trade tensions, and high public debt. cre
Bank of England Warns of Global Economic Risk from US Tariffs
The Bank of England (BoE) has issued a warning that the global economy faces increasing downside risks, primarily citing escalating US tariffs. In its latest Financial Stability Report, the BoE highlighted that tariff hikes are dampening global demand, weighing on business investment decisions, and exacerbating uncertainty around inflation, impacti