In its latest outlook published on Wednesday, the OECD said that it sees US Fed funds rate peaking at 5.25%-5.5% from Q2 2023, followed by two "modest" cuts in H2 2024.
Additional takeaways
OECD sees US growth of 1.6% in 2023 and 1.0% in 2024 (previously 1.5% in 2023 and 0.9% in 2024).
Sees global GDP growth of 2.7% in 2023 and 2.9% in 2024 (previously 2.6% in 2023 and 2.9% in 2024).
Sees Chinese growth of 5.4% in 2023 and 5.1% in 2024 (previously 5.3% in 2023 and 4.9% in 2024).
Sees Japanese growth of 1.3% in 2023 and 1.1% in 2024 (previously 1.8% in 2023 and 0.9% in 2024).
Sees Euro area growth of 0.9% in 2023 and 1.5% in 2024 (previously 0.8% in 2023 and 1.4% in 2024).
Sees ECB rates peaking in q3 2023 and remaining unchanged at 4.25% to end 2024.
UK growth of 0.3% in 2023 and 1.0% in 2024 (previously -0.2% in 2023 and 0.9% in 2024).
No rate hike in Japan until end of 2024.
No further rate hikes expected in Canada and South Korea, rate peaks expected in Australia and the UK from Q2 2023.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
اترك رسالتك الآن