Trump's fiscal agenda crosses the finish line

We've raised our world GDP growth forecasts for both 2025 and 2026 by 0.1ppt to 2.5%. This year's adjustment is mainly due to better-than-expected growth in H1. However, the quarterly pace of growth should ease from here as the impact of order frontloading ahead of higher tariffs fizzles out Read more from Oxford Economics here

Source: Oxford Economics