With the heightened Trump policy uncertainty, the US economy is likely to settle at a lower growth estimated at 2.2% in 2025 from a brisk 2.9% in 2024. — Bloomberg
THE global economy sailed reasonably well to grow by 3.2% in 2024, driven by falling inflation, positive labour market conditions, resilient consumer spending and less restrictive monetary policy.
This period still marking rising geopolitical tensions in several regions, with the persistent military conflict in Ukraine compounded by the conflict in Israel and the Middle East, a historically conflict-ridden region.
