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.