New Overnight Developments Abroad - Daily Update
Bearish Global Growth Outlook, Dutch Government Collapses, and In-Target Euroland Inflation
June 3, 2025
Citing tariff strains, the updated forecast of the Organization for Co-Operation and Economic Development (OECD) has revised projected global growth for this year and next lower to 2.9%. In the United States where deportations and federal job cuts will inject additional headwinds, real GDP is seen by the group expanding just 1.6% in 2025 and […] More