VIENNA, 15 Nov. - (ANA) - Continued robust global economic dynamics observed in 3Q25 reinforces the solid global economic growth trend observed in 1H25. Moreover, indicators in recent weeks confirm that the underlying growth trends remain firm. The trade-related uncertainties between the US and its major Asian trading partners, including China, have been contained following the outcome of numerous meetings held by the US with its trading partners in Asia in October. 

 

However, some continuing trade-related issues and geopolitical challenges, the effects of the prolonged US government shutdown and US debt yields, call for close monitoring in the near term. 

 

At the same time, fiscal measures and monetary policy accommodation are expected to help

offset short-term dampening effects. These counter-measures include support in the US through ongoing expansionary fiscal measures and possibly further monetary easing, as well as ongoing fiscal and monetary policy support in China – following the Fourth Plenum in October – and the Eurozone, particularly through the most recently implemented fiscal package in Germany. 

 

The forecast assumes that reasonable trade agreements will be maintained with most key US trading partners, allowing global economic uncertainty to ease further in the coming months. Overall, these factors are expected to anchor the global growth forecast at a healthy 3.0% for 2025 and 3.1% for 2026.   - (ANA) -

 

AB/ANA/15 November 2025 - - -