The OECD will publish its latest economic forecasts, which include analyzes and forecasts for the global economy, on Wednesday.
In its September forecast, the Paris-based organization said it expects the global economy to grow by 3.2% this year and next, raising its forecast for 2024 from 3.1% previously while leaving 2025 unchanged.
With inflation heading toward central bank targets, the OECD expects the Fed’s key interest rate to fall to 3.5% by the end of 2025 from 4.75%-5% currently and for the ECB to cut to 2.25% from 3.5% now.
