- 🇺🇸 US 2025 progress forecast seen at 2.2% (beforehand 2.4%)
- 🇺🇸 US 2026 progress forecast seen at 1.6% (beforehand 2.1%)
- 🇨🇳 China 2025 progress forecast seen at 4.8% (beforehand 4.7%)
- 🇨🇳 China 2026 progress forecast seen at 4.4% (unchanged)
- 🇨🇳 Canada 2025 progress forecast seen at 0.7% (beforehand 2.0%)
- 🇨🇳 Canada 2026 progress forecast seen at 0.7% (beforehand 2.0%)
- 🇲🇽 Mexico 2025 progress forecast seen at -1.2% (beforehand 1.2%)
- 🇲🇽 Mexico 2026 progress forecast seen at -0.6% (beforehand 1.6%)
OECD notes that their simulation exhibits {that a} broad-based commerce battle might shave 0.3% off international progress and 0.7% for the US economic system itself. Amid such circumstances, additionally they warn that higher-than-expected inflation might immediate extra restrictive financial coverage and spook monetary markets.
This text was written by Justin Low at www.forexlive.com.
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