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Goldman Sachs: Global Growth at 2.7%, India Surges

1/1/2025

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Story summary
  • Goldman Sachs projects global economic growth of 2.7% in 2025, with India at 6.3% GDP growth.
  • The U.S. economy is anticipated to grow by 2.5%, while Germany's growth is sluggish at 0.3%.
  • Inflation remains elevated, influenced by immigration policies and potential tariffs under President-elect Trump.
  • Geopolitical tensions and trade wars threaten global economic stability, especially in the eurozone and UK.
  • The U.S. Federal Reserve may lower interest rates, but ongoing inflation pressures complicate forecasts.