The global economic outlook for 2025 reflects early signs of balance as trade tensions ease and monetary policies shift toward measured easing.

Global growth is projected at 3.0%, with inflation trends moderating to 4.2%. Oil prices declined on weaker global demand, while gold surged 10.85% as investors turned to safer assets amid uncertainty.

Policy Shifts and Trade Developments

Major central banks are cautiously easing their stance. The U.S. Federal Reserve cut rates by 25bps, signaling a softer approach, while inflation trends remain mixed across markets.

Trade negotiations gained momentum as tariff disputes softened, though global tariff rates remain above 20%, showing that full recovery in global trade performance will take time.

Cautious Optimism Ahead

Despite ongoing fiscal and geopolitical headwinds, improving liquidity, easing inflation, and renewed trade flows are paving the way for gradual stability in 2025.

The global economy may be finding its footing, but sustaining this momentum will depend on how monetary and trade policies evolve in the coming quarters. You can download the full Global Macro Snapshot below to explore detailed insights, forecasts, and data.