OECD: Global growth forecasts upgraded - BBH

Sandeep Kanihama FXStreet Contributor

Analysts at BBH note that the OECD just upgraded its global growth forecasts as it sees growth this year and next at 3.9%, up from 3.7% and 3.6%, respectively, that it forecast back in November.

Key Quotes

“This is the strongest rate since 2011. However, the OECD warned that “Trade protectionism remains a key risk that would negatively affect confidence, investment and jobs. Governments of steel-producing economies should avoid escalation and rely on global solutions.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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