OECD Cuts U.S. Growth Forecast as Global Economic Concerns Rise
The Organisation for Economic Co-operation and Development (OECD) downgraded its growth forecasts for both the U.S. and global economies. The U.S. growth outlook now sits at just 1.6% for this year and is further reduced to 1.5% in 2026. This revision reflects growing worries over economic performance amid recent global developments.