
OECD Lowers Global Economic Growth Forecast for 2025 to 2.9%
The Organisation for Economic Co-operation and Development (OECD) has lowered its global economic growth forecast for 2025 from 3.1% to 2.9%. The revision is due to increasing global uncertainty, changes in US trade policy under President Donald Trump, rising trade barriers, tighter financial conditions, weakened business and consumer confidence, and heightened political uncertainty. The OECD…