• VRIGHT Exchange – CEO’s Desk posted an update in the group Economy & Industry Triggers

    9 months, 2 weeks ago

    OECD Cuts U.S. Economic Outlook Amid Tariff Concerns
    The OECD has sharply revised down its forecast for U.S. economic growth, citing the impact of Donald Trump’s proposed tariffs on global trade and inflation.

    U.S. GDP Growth Forecasts:

    2025: Cut to 1.6% (from 2.2% in March)

    2026: Slashed further to 1.5%

    Inflation Outlook:

    Projected to rise to nearly 4% by end-2025, up from the current 2.3%

    OECD warns that higher trade costs—especially in tariff-raising countries—will fuel inflation

    The organization’s outlook aligns with concerns from Wall Street analysts and Fed Chair Jerome Powell about the risks of stagflation—a scenario where inflation rises while economic growth slows.