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Guardian

Trump versus trade: the global economic outlook for 2025 in five charts

Guardian
Summary
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80% Informative

Donald Trump ’s second term in the White House is expected to dominate the economic agenda.

The largest economies of the eurozone are engulfed in political turmoil.

Beijing is battling to revive the Chinese economy, while countries in the global south are facing soaring debt interest payments.

Britain 's economy is faltering while inflationary pressures remain.

City investors have reduced expectations for deep interest rate cuts in 2025 .

The risk of stickier inflation and higher interest rates in 2025 will make this tougher.

Investors could demand higher returns if lending to governments with elevated deficits.

Expansionary fiscal policy in bad times is no longer a free lunch, ’ Bank of America analysts said.