Reported about 7 hours ago
The OECD reports that while global growth is maintaining momentum, the complete effects of the U.S. import tariffs are still to materialize. Firms have largely absorbed the shocks so far, but a slowdown in inventory replenishment and the continuation of high tariffs is expected to impact economic growth. U.S. growth forecasts for 2025 have been slightly upgraded, but potential trade barriers and increased production costs pose risks for both the U.S. and global economy.
Source: YAHOO