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Solid 2025 growth in global economy despite trade risks: Goldman Sachs
Nov 18, 2024
Insights
- Goldman Sachs Research has projected another solid year of global growth in 2025, with world GDP forecast to grow by 2.7 per cent on an annual average basis.
- The US will exceed expectations, while the euro area will lag behind amid anticipated US tariffs.
- US GDP may rise by 2.5 per cent in 2025, and the euro area’s by 0.8 per cent. US core PCE inflation should slow to 2.4 per cent by late 2025.