Inflation will be higher and growth lower, predicts the Organization for Economic Cooperation and Development, OECD, in a recent report on the outlook for the rest of the year and 2027. “Further monetary policy adjustments may be needed if price pressures show signs of broadening or if growth prospects weaken significantly,” the organization writes.
BusinessThe global economy is being affected by the conflict in the Middle East and an energy price shock, which have already slowed growth. However, the Swedish economy is growing, according to a forecast update from the Organisation for Economic Co-operation and Development (OECD).
BusinessThe risks to the global economy grow the longer the Iran war drags on, OECD Secretary-General Mathias Cormann told Bloomberg in connection with a G7 meeting in Paris.
BusinessThe newly elected President of the USA, Donald Trump, has ordered officials at the US Finance Department to draw up "protective measures". These are to be used against countries that impose what he calls "extraterritorial fees" on multinational companies from the USA.
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