The Paris-based Organisation for Economic Co-operation and Development (OECD) has served up a surprise twist for the global economy. In its latest update, the OECD lowered its 2025 world growth forecast to a modest 2.9%, down from an earlier prediction of 3.1%.
The cut comes amid mounting trade tensions and the impact of rising tariffs, which are stirring uncertainty around the globe. The United States in particular is feeling the pressure, with its economic growth now projected to slow to just 1.6%, compared to a previously expected 2.2%.
For young entrepreneurs, students, and curious minds following international trends, this update is a friendly nudge to pay attention. Think of it like an unexpected plot twist in your favorite series – markets can change direction quicker than you might expect! 🚀 Stay tuned for more insights as economies navigate these headwinds.
Reference(s):
cgtn.com
