The OECD has lowered its global economic growth forecast.

The Organization for Economic Cooperation and Development (OECD) released its latest Economic Outlook report today, pointing out that due to the significant increase in trade barriers and uncertainties in economic and trade policies, global economic growth is expected to be 2.9% in both 2025 and 2026, down 0.2 and 0.1 percentage points respectively from the forecast in March of this year.