Global economic growth and interest rates: Financial expert analyzes the Fed and OECD forecasts
According to a report from www.agrarheute.com, there are signs that the US Federal Reserve (Fed) has no plans to cut interest rates for the time being. At the same time, economic growth in the Eurozone is slowing due to higher living costs, weak external demand and tighter monetary policy. The Organization for Economic Cooperation and Development (OECD) expects the global economy to perform better this year, with improving prospects in the United States offsetting weakness in the euro zone. Global economic growth is expected to decline from 3.1% in 2023 to 2.9% this year. However, the crisis in Germany is having a negative impact on the entire Eurozone, and the prospects for...

Global economic growth and interest rates: Financial expert analyzes the Fed and OECD forecasts
According to a report by www.agrarheute.com, there are signs that the US Federal Reserve (Fed) is not planning to cut interest rates for the time being. At the same time, economic growth in the Eurozone is slowing due to higher living costs, weak external demand and tighter monetary policy. The Organization for Economic Cooperation and Development (OECD) expects the global economy to perform better this year, with improving prospects in the United States offsetting weakness in the euro zone. Global economic growth is expected to decline from 3.1% in 2023 to 2.9% this year. However, the crisis in Germany is having a negative impact on the entire Eurozone and the outlook for the Eurozone has deteriorated further.
These developments are expected to have an impact on financial markets and the global financial industry. Uncertainty surrounding the Fed's interest rate policy will lead to volatility in international financial markets. Investors will likely adjust their strategies and look for safe havens. Regarding the Eurozone, the weaker growth outlook is likely to influence investment decisions and could lead to a devaluation of the Euro.
It is important that financial professionals and investors monitor these developments carefully and adapt their strategies accordingly. The uncertainty and changing growth forecasts can lead to significant fluctuations in the international financial markets.
Read the source article at www.agrarheute.com