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OECD raises global growth forecasts to 2.9% in 2024 on robust US performance

OECD's latest Interim Economic Outlook report presents a cautiously optimistic upgrade in global growth forecasts for 2024 to 2.9% (up from November's 2.7% forecast), a notable uplift largely attributed to stronger performance of US economy.

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Global GDP growth to continue at steady pace through 2025

The OECD’s (Organisation for Economic Co-operation and Development) latest Interim Economic Outlook projects global GDP growth of 2.9% in 2024 and a slight improvement to 3.0% in 2025, broadly in line with the previous OECD projections from November 2023.

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PARIS -- The Organisation for Economic Cooperation and Development upgraded its growth forecast for the global economy to 2.9% for 2024 from its 2.7%

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Dollar's Dominance Continues, Sterling and Euro Accelerate Down

Dollar's robust rally persists in early US session, and gains momentum alongside the strong rise 10-year yield, now surpassing the 4.1% mark. Fed Chair Jerome Powell's hawkish comments in CBS interview air during the weekend continued to shift market expectations. The probability of Fed holding interest rate unchanged in March has soared to approximately 85%, with the anticipation of a May rate cut dropping to just over 60%. It's important to note, though, that these expectations could shift in response to the forthcoming ISM Services data, which remains a crucial determinant of market sentiment.

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Global economy sees stronger than expected H1 2023 growth, but outlook is weak

The global economy was stronger than expected in the first half of 2023, but the growth outlook is weak, according to the latest Interim Economic Outlook by the Organisation for Economic Cooperation and Development.

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Positive growth continues, albeit fragile, and with persistent inflation posing a key risk

Positive growth continues, albeit fragile, and with persistent inflation posing a key risk
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Structural reforms against weak growth in Italy - OECD - English

Italy needs to introduce structural reforms and strengthen competition and innovation in response to weak economic growth, the Organisation for Economic Cooperation and Development (OECD) said on Tuesday. © ANSA

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Positive growth continues, albeit fragile and with persistent inflation posing a key risk

Positive growth continues, albeit fragile and with persistent inflation posing a key risk
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World – Economic outlook slightly more optimistic but fragile: OECD

The OECD (Organisation for Economic Co-operation and Development)’s latest Interim Economic Outlook projects global growth to reach 2.6% in 2023 and 2.9% in 2024. The OECD cites improved business and consumer confidence, declining food and energy prices and the re-opening of the Chinese economy.

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Global economic growth to hit 2.6% in 2023, 2.9% in 2024: OECD

On the back of improved business and consumer confidence, declining food and energy prices and the re-opening of the Chinese economy, the OECD’s latest Interim Economic Outlook projects global growth to reach 2.6% in 2023 and 2.9% in 2024.Headline inflati

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