OECD maintains global economic growth forecasts for the next two years.

The Organization for Economic Cooperation and Development (OECD) released its latest Economic Outlook report on the 2nd, predicting global economic growth rates of 3.2% and 2.9% for the next two years, respectively, in line with the forecast made in September of this year. The report suggests that the expansionary macroeconomic policy orientation, the market's positive expectations for new technologies, and the trade and investment growth driven by developments in artificial intelligence are collectively supporting global demand. However, the report also warns that potential risks to the global economy are accumulating: the escalation of trade protectionism could severely damage global supply chains and output, assets overvalued based on optimistic expectations for artificial intelligence development could suddenly reverse, and fiscal vulnerabilities in various countries could hinder economic growth.