- 🌎 2024 world development forecast seen at 3.2% (beforehand 3.1%)
- 🌎 2025 world development forecast seen at 3.2% (unchanged)
- 🇺🇸 2024 US development forecast seen at 2.6% (unchanged)
- 🇺🇸 2025 US development forecast seen at 1.6% (beforehand 1.8%)
- 🇨🇳 2024 China development forecast seen at 4.9% (unchanged)
- 🇨🇳 2025 China development forecast seen at 4.5% (unchanged)
- 🇯🇵 2024 Japan development forecast seen at -0.1% (beforehand 0.5%)
- 🇯🇵 2025 Japan development forecast seen at 1.4% (beforehand 1.1%)
- 🇪🇺 2024 Eurozone development forecast seen at 0.7% (unchanged)
- 🇪🇺2025 Eurozone development forecast seen at 1.3% (beforehand 1.5%)
- 🇬🇧 2024 UK development forecast seen at 1.1% (beforehand 0.4%)
- 🇬🇧 2025 UK development forecast seen at 1.2% (beforehand 1.0%)
On their outlook for central banks, they see the Fed chopping rates of interest to three.50% by the top of subsequent yr. In the meantime, they’re anticipating the ECB to chop its deposit fee to 2.25% by the top of 2025.
This text was written by Justin Low at www.forexlive.com.