Goldman Sachs
Goldman Sachs forecasts strong global economic growth in 2025, with a projected 2.7% increase in worldwide GDP, matching the estimated growth for 2024.
The US is expected to outperform expectations, with a 2.5% growth rate, surpassing the consensus of 1.9%.
In contrast, the euro area’s growth is predicted to lag at 0.8%, below the consensus of 1.2%. China’s economy is expected to grow by 4.0%, and India’s by 6.7%.
Goldman Sachs also notes that global inflation has trended down, and most central banks are reducing interest rates.
However, the potential re-election of President Trump could lead to higher tariffs and economic risks. The firm also highlights risks from large tariffs that could hinder global growth.
Read the original article