OECD revises forecast, projects slowdown in global economic growth

The latest Economic Outlook from the Organization for Economic Cooperation and Development (OECD) is projecting a slowdown in global growth.

Forecasts for 2025 and 2026 revise down expected growth by 0.2 and 0.1 percentage points respectively, citing a technical assumption that existing tariff rates as of mid-May will remain in place, despite ongoing legal disputes.

The American economy will be particularly hard hit, the report predicts,…