Story perspectives
Global Economic Outlook: Growth Slows, Rate Cuts Anticipated
1/30/2025
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Story summary
- Spain's GDP is projected to grow by 0.6% in Q4 2024, down from 0.8% in Q2 and Q3.
- Sweden expects a 0.3% GDP growth in Q4, with a potential 25 basis point rate cut from the Riksbank.
- Australia's inflation rate has decreased to 2.4%, raising expectations for a rate cut by the RBA.
- Global markets remain resilient amid uncertainties, with SoftBank exploring a $25 billion investment in OpenAI.
