Transcription of Stronger growth, but risks loom large
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Stronger growth, but risks loom large
Stronger growth, but risks loom large ngel Gurr a OECD Secretary-General lvaro S. Pereira OECD Chief Economist ad interim OECD ECONOMIC OUTLOOK Paris, 30 May Key messages Global growth will be around 4% Investment and trade have rebounded Monetary and fiscal policies have been supportive Three quarters of OECD countries are undertaking fiscal easing Job growth has been strong The OECD unemployment rate will be at its lowest since 1980 risks loom large over the next few years: oil prices, trade tensions, financial volatility Rising interest rates will pose challenges for highly indebted countries, households and corporations.
Key messages • Global growth will be around 4 % Investment and trade have rebounded • Monetary and fiscal policies have been supportive Three quarters of OECD countries are undertaking fiscal easing • Job growth has been strong The OECD unemployment rate will be at its lowest since 1980
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