The OECD has improved its economic forecast for 2024.
The Organization for Economic Co-operation and Development (OECD) has improved its 2024 global economic growth forecast to 2.9% from the 2.7% it anticipated in November. The GDP growth forecast for 2025 is left at 3%. The OECD raised its forecast for US GDP growth in 2024 to 2.1% from 1.5%, noting that a strong labor market and consumer spending will support the US economy. The forecast for 2025 is left at 1.7%. The eurozone economy will grow by 0.6% in