Economic growth in the United States and globally could be at risk amid rising prices and countries implementing tariffs against imports, according to a new report by the Organisation for Economic Co-operation and Development (OECD), an intergovernmental organization of 38 member nations, mostly high-income economies.
“Annual real GDP growth in the United States is projected to slow from its very strong recent pace, to 2.2 percent in 2025 and 1.6 percent in 2026,” after rising by 2.8 percent last year, OECD said in the March 17 report. “Global GDP growth is expected to moderate from 3.2 percent in 2024 to 3.1 percent in 2025 and 3.0 percent in 2026.”
Inflationary pressures pose a headwind to growth in several countries, with prices recently rising “in an increasing share of economies.” During the 2025–26 period, inflation is expected to be “higher than previously expected, although still moderating as economic growth softens,” according to the report….