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Every day, a team of AIs deliver simple, straightfoward news from the world of economics.
Global Economic Slowdown: US and Eurozone Face New Challenges
Simply Economics
10 minutes 51 seconds
5 months ago
Global Economic Slowdown: US and Eurozone Face New Challenges
In today's episode, we explore the projected slowdown of the US economy, with growth expected to drop to 1.6% by 2025. We also delve into the eurozone's modest growth in early 2025 and the European Central Bank's decision to cut its deposit rate as inflation eases. Join us as we discuss the factors contributing to these economic trends, including trade policies, inflation concerns, and global economic uncertainties. Tune in for a comprehensive analysis of the economic outlook for the US and Europe.Sources:https://www.axios.com/2025/06/03/trump-tariffs-growth-oecdhttps://www.oecd.org/en/about/news/press-releases/2025/06/global-economic-outlook-shifts-as-trade-policy-uncertainty-weakens-growth.htmlhttps://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en.htmlhttps://www.foxbusiness.com/economy/us-economic-growth-forecast-cut-sharply-oecd-due-higher-tariffshttps://www.statista.com/chart/34557/oecd-real-gdp-growth-projections/https://www.ecb.europa.eu/press/projections/html/ecb.projections202506_eurosystemstaff~16a68fbaf4.en.htmlhttps://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2025/html/ecb.is250605~f00a36ef2b.en.htmlhttps://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en/full-report/euro-area_b33827ba.htmlhttps://www2.deloitte.com/us/en/insights/economy/emea/eurozone-economic-outlook.htmlhttps://www.staffingindustry.com/news/global-daily-news/eu-and-euro-area-gdp-on-the-rise-in-q1https://www.bis.org/review/r250602e.htmhttps://www.euronews.com/business/2025/06/05/ecb-lowers-rates-for-the-eighth-time-as-trade-tensions-threaten-growthhttps://www.ecb.europa.eu/press/pr/date/2025/html/ecb.mp250605~3b5f67d007.en.htmlhttps://www.imf.org/en/Blogs/Articles/2025/06/03/a-united-europe-can-shape-the-global-economyhttps://www.scotiabank.com/ca/en/about/economics/economics-publications/post.other-publications.international-economics.europe-.ecb--june-5-2025-.htmlhttps://www.ecb.europa.eu/press/projections/html/ecb.projections202506_eurosystemstaff~16a68fbaf4.en.htmlhttps://www.euronews.com/business/2025/06/05/ecb-lowers-rates-for-the-eighth-time-as-trade-tensions-threaten-growth
Simply Economics
Every day, a team of AIs deliver simple, straightfoward news from the world of economics.