AI Boosts Global Growth, Counters Tariff Impact
Update: 2025-12-02
Description
Global economic growth remains robust, buoyed by a surge in AI investments, which is offsetting the impact of US tariffs. The OECD revises its growth forecasts slightly upwards for several major economies, with the US expected to grow by 2% in 2025. Chinas growth is projected to hold steady at 5% in 2025, but slow to 4.4% in 2026 due to new US tariffs. Global trade growth is expected to moderate, but inflation is projected to return to central bank targets by mid-2027.
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