Central Banks
World Economy Surprisingly Resilient to Tariffs, OECD Says
The global economy is weathering Donald Trump’s trade tariffs better than expected as activity gets a boost from strong investment in artificial intelligence and supportive fiscal and monetary policies, the OECD said.
The Paris-based organization raised its US and euro-area growth forecasts for this year and next, and made small upward adjustments for other major economies in its latest outlook.