OECD forecasts global GDP growth to slow to 2.9% in 2025-2026, with the U.S. forecast at 1.6%.

The OECD projects a slowdown in global GDP growth to 2.9% in 2025 and 2026, down from 3.3% in 2024, due to rising trade barriers and policy uncertainty. The forecast warns that if current trends continue, including tighter financial conditions and weakening confidence, global economic prospects could be severely undermined. The U.S. is expected to have the weakest growth, with a forecast of 1.6% this year.