While the pause on US reciprocal tariffs led to strong initial rebounds in financial markets, market conditions remain choppy and risk aversion is high, S&P Global Market Intelligence said.
The chronic problems of US policy volatility, related uncertainties and adverse economic spillovers are likely to linger.
It lowered its 2025 global real GDP growth forecast from 2.5 per cent to 2.2 per cent.
The chronic problems of US policy volatility, related uncertainties and adverse economic spillovers are likely to linger.
It lowered its 2025 global real GDP growth forecast from 2.5 per cent to 2.2 per cent.
