Reported 1 day ago
Despite the ongoing drama surrounding U.S. trade tariffs, the global economy is demonstrating unexpected resilience. Recent data indicates modest growth driven by U.S. consumers and foreign sellers who have adjusted their business strategies amidst the uncertainty. Investment banks predict the U.S. will avoid a recession, while the International Monetary Fund has slightly downgraded its global GDP growth forecast. The strength of the global economy, evidenced by robust manufacturing in Europe and resilient output from China, suggests cautious optimism, though ongoing trade negotiations, particularly with China, remain uncertain.
Source: YAHOO