Economists predicted a global shock from President Trump’s tariffs, but some of them are now revising their global growth predictions upward
PositiveFinancial Markets

- Economists initially anticipated a significant global shock due to President Trump’s tariffs, but recent analyses indicate a revision of global growth predictions upward, suggesting a more resilient economic outlook than previously expected.
- This shift in economic forecasts is crucial as it reflects a growing confidence among economists regarding the potential for recovery and growth, which could influence investment strategies and market behaviors positively.
- The broader economic landscape shows a mix of optimism, with rising U.S. services-sector activity and expectations of interest rate cuts, juxtaposed against challenges faced by certain sectors linked to Trump's brand, highlighting the complexities of the current market dynamics.
— via World Pulse Now AI Editorial System
